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Showing 1271 - 1280 of 14005 results for "Current"

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

Zenith head of research calls time

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
... broader industry, regulatory, and market changes. Bronwen has been a great mentor to many of our investment analysts, both current and former, who have benefited immensely from her tutelage and guidance," Huddy said. Huddy added that she's built a highly ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... indicated that a two-fold increase in interest rates could turn nearly eight out of every 100 companies into zombies. "The current economic climate and potential interest rate hikes pose significant risks for Australian businesses," Kearney said. The ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
... protection, welfare, and international aid are the top causes supported through bequests in Australia. "If we grew the current charitable bequest rate, it would transform both the for-purpose sector while benefitting Australian society more broadly ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... of more than 1300 advisers. "The initial focus of the partnership will be on a seamless transition that maintains the current service proposition for AMP advisers, supported by continuity of AMP management and their adviser community. In time, advisers ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
ESSSuper has launched a new option designed to help members boost their savings in retirement. The new Balanced Growth Managed option aims to help members increase their super balance for retirement by delivering stable returns via diversification. ...

Another chair for Sequoia

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
The leadership tumult at Sequoia Financial Group continues as it appoints another chair in less than four months. Sequoia today announced that Mike Ryan is its new non-executive chair, replacing Charles Sweeney who assumed the role on April 18. The ...

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
The Guardians of New Zealand Superannuation appointed Michael Mitchell to the role of chief risk officer. Mitchell, who was previously the head of risk, has been acting chief risk officer since Mark Fennell retired earlier this year. The organisation ...

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
Contrary to recent months, Magellan Financial Group gained close to $2 billion in funds under management (FUM) in July. Magellan reported $38.4 billion as of July 31, up nearly 5% from the previous month's reading of $36.6 billion. Throughout the ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... what the board knows today, what we can say is that a near-term reduction in the cash rate doesn't align with the board's current thinking," Bullock said. "I understand that this is not what people want to hear. I know there are many households and small ...