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Showing 1231 - 1240 of 8272 results for "Performance"

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... whereby the company reported an underlying Net Profit After Tax (NPAT) of $112 million, closely mirroring its 1H22 performance. AMP posted a statutory NPAT of $261 million for 1H23, marking a decline from the $469 million observed in 1H22. The previous ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
APRA has released a technical determination, aiming to standardise the amalgamation of MySuper product performance histories. The announcement marks the culmination of consultations held in April 2023. The Superannuation Technical Determination No.1 ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... perspective the importance of approaching investing with a long-term mindset. While investors shouldn't rely on past performance, 30 years of market history has proved that the impact of geopolitical, economic, and social events on performance is usually ...

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... frameworks for overseeing internal portfolios as well as the management, monitoring and control frameworks for investment performance, investment risk and cost. Prior to this, Gavin was chief investment officer of LUCRF Super following a long career ...

Pinnacle steadies FY23 profit, FUM

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... said. The group reported net profit after tax of $76.5 million, which was steady from $76.4 million in the prior year. Performance fees earned were also relatively steady at $58.2 million, delivered by 11 out of 15 affiliates. Pinnacle's share of ...

Iress adds new operations, customer service leaders

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... clients now and into the future." The two roles are critical in enabling Iress to get closer to clients and drive higher performance as it moves forward on its next growth trajectory, he added. Iress announced a bunch of organisational structures in ...

Trustees to disclose more remuneration details

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... financial years. It must also describe how much material weight it applies to non-financial measures in determining performance-related variable remuneration, including the proportion of variable remuneration that would be impacted by non-financial measures. ...

More than $100k raised at FICAP RockStar

STAFF WRITER  |  WEDNESDAY, 2 AUG 2023
... Anger' by Oasis. AZ NGA general counsel and company secretary Andrew Symes was crowned Best Vocalist following his performance of the much-loved 'Never Tear Us Apart', while Challenger's Shirley Natasunjaya was named Most Original Talent ...

Future Fund finds new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... navigate this environment." Of a similar vein, Arndt commented: "Ben has significantly contributed to the direction and performance of the portfolio and has driven our whole portfolio investment approach." "I look forward to our strong investment performance ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... us to build our investment platform and improve our global presence, with the aim of driving sustainable long-term performance for more than 3.1 million members. With capabilities now in place across private, public and capital markets, the London office ...