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Showing 1331 - 1340 of 16076 results for "Well"

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... future profitability prospects," Groves said. Pengana said its range of funds that invest in listed equities mostly performed well on absolute and relative bases however, failed to generate significant performance fees as they entered into FY24 "significantly ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... they look to merge with Active Super, with whom J.P. Morgan has had a long-standing relationship dating back to 2003. "We're well positioned to support both Vision Super and Active Super achieve their strategic ambitions," Schiavon said. "In a competitive ...

Aware Super completes first UK deal

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
... a $3.4 billion (€2.1 billion) equity recapitalisation in a collaboration with Mercer via a vehicle led by Stonepeak, as well as direct investments from Investment Management Corporation of Ontario (IMCO) and APG Asset Management (APG). "Our successful ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... transaction. Only one withdrawal can be made per year, and it will be taxed according to an individual's most recent income, as well as payment of any administration fees. President Cyril Ramaphosa said this new system will help spur South Africa's ...

Insignia Financial hires expert to boost brand exposure

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... net losses. The firm also halted dividends in the process and blamed transformation and separation costs for the loss, as well as an increased remediation bill.

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... sector in general. These asset classes and the tech sector are strong value creators for members," he said. "The asset was well supported by a range of major global investors, however, the impact of the COVID pandemic, volatile macroeconomic conditions ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... study revealed that the top concern of retirement was running out of money, with most of those under 40 (68%) citing this, as well as 64% of the 40-54 cohort, and 51% for 55-plus. Women (65%) are also more likely to carry that concern over men (57%). ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... capitalise on, to ensure economic prosperity into the future. "Australia's strong trade ties with our neighbours position us well given ongoing rapid growth in the Asia Pacific region," Wilson said. "We are well-placed to punch above our weight in the ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... subject of "extensive review" over the last two years without any adverse findings. The fund said that the industry should be well-regulated to ensure members have confidence that their retirement savings are well cared for, but if APRA deems further ...