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Showing 1191 - 1200 of 13330 results for "PROP"

DNR Capital introduces new global equity fund manager

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
DNR Capital has broadened its focus beyond Australian equities; it's officially launched a global small and mid-cap equity fund manager, Tura Capital. After a soft launch late last year, DNR Capital has launched the Tura Capital Global Small and Mid-Cap ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
The Australian Securities and Investments Commission (ASIC) has banned Queensland-based financial adviser Anass Abdalla. ASIC said Abdalla has been banned from providing any financial services, performing any function involved in the carrying on of ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The UK government plans to introduce a 'value for money' test for workplace pension schemes and mandate them to offer retirement products, as it looks to ensure Brits retire with more. A new Pension Schemes Bill, announced in a speech by King ...

AustralianSuper real assets lead joins fund manager

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
AustralianSuper's global real assets head is leaving the fund to join an ASX-listed fund manager. Nik Kemp has joined Dexus in the newly created role of executive general manager of growth markets. Kemp spent more than 11 years at AustralianSuper ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
Equip Super has revealed its Balanced Growth option achieved a return of 9.23%, and its Growth Plus option delivered 12.12%. Equip Super chief investment officer Andrew Howard said despite a challenging global backdrop, rising interest rates and ongoing ...

Hostplus nabs top JANA executive

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $110 billion industry fund that looks after hospitality workers has snared a senior property executive from JANA Investment Advisers. Chris Cawson jumped to Hostplus two weeks after the asset consultant lost its infrastructure head to the industry ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Australia has moved up the ranks in the UBS Global Wealth Report, rising from third place to second in terms of median wealth per adult, sitting just below Luxembourg. In 2023 wealth growth across the world recovered from its 3% contraction the previous ...

New lending for property investors up 30%

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
New housing lending unexpectedly fell in May, declining by 1.7% for the month. Lending to owner-occupiers and to investors both fell in the month but remain well above levels seen this time last year. In fact, new lending to investors has been very ...

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
A Western Australian financial adviser was permanently banned after he lied to his employer and clients about having passed the Financial Adviser Exam. Dashiel Benjo Vee, also known as Dash Vee, is banned from providing financial services, controlling ...