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Showing 1281 - 1290 of 12781 results for "Change"

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... over US$600 billion in wealth, said this trend comes amid a widening gap in stock performance. "Amid rapid technological change, shifting rate expectations and uneven growth, the increased dispersion of returns offers opportunities for active management," ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... entire wholesale investor test framework. According to the terms of reference, the government will look at any proposals to change the tests, potential intended and unintended consequences of any change, as well as the anticipated costs and benefits. ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
The number of self-managed super funds (SMSFs) using advisers has reached a new low, with the proportion of SMSFs using advisers falling to 23% from 27% in the past 12 months, according to a Vanguard/Investment Trends report. The number of SMSFs without ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
Mine Super and TWUSUPER have reported "significant progress" towards their merger, but it has been pushed back. In a joint statement, the super funds announced that their merger to form TEAM Super has been rescheduled from early 2024 to early 2025. ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... valued at about $186.50 million and returned 8.95% p.a., nearly in line with its benchmark's 9.07 % p.a. "The above change will not result in any change to the investment approach, objective or benchmark of the Fund. The Fund's current Portfolio ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
New research from the Productivity Commission has revealed changes to income and wealth levels during COVID-19. "The initial pandemic period saw an unprecedented decline in income inequality. The incomes of lower-income households grew rapidly in relative ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
The Nissan Superannuation Plan will be wound up on July 31, almost 50 years on from its creation. The Nissan Superannuation Plan was created in 1977 to house the retirement savings of the car manufacturer's employees. It's existed in its current form ...

Cbus deputy CIO exits

KARREN VERGARA  |  MONDAY, 20 MAY 2024
The deputy chief investment officer of Cbus has left the super fund eight months after being appointed to the post. Alexandra Campbell, has resigned from her role after a total of four years with the fund, Cbus confirmed to Financial Standard. Campbell ...

Link Group rebrands as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
Link Group will now be known as MUFG Pension and Market Services, following the implementation of the scheme of arrangement with Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The business comprises two ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... implemented by the new board and executive team," they said. "The Board's view is that if shareholders are to agree to a change in control scenario where control is ceded to one particular group of shareholders, a control premium should be paid. ...