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Showing 1361 - 1370 of 3163 results for "Owner"

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... their wealth. Recent research by Roy Morgan found Aussies would retire with an average gross wealth (total assets excluding owner-occupied homes) of $331,000 - 40% higher than 2008 balances of $237,000. In 2018, superannuation represented 69% of the ...

Copia builds distribution team

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
Copia Investment Partners has hired a distribution manager from SG Hiscock, and is looking to hire more on its distribution team. Mani Papakonstantinos joins Copia as the distribution manager for Victoria and Western Australia. Papakonstantinos has ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... Statistics' (ABS) report on Housing Finance. It showed the total value of dwelling commitments rose by 2.6% in October - owner-occupied up 3.5% and investment housing up 0.6% - improving the year-on-year decline in finance commitment to -4.8% from ...

Advice firm runs rule over Labor policy

DARREN SNYDER  |  FRIDAY, 7 DEC 2018
A prominent financial advice group suggests Labor's proposals on negative gearing, capital gains tax and dividend imputation all need a closer look heading into an election year. HLB Mann Judd Sydney wealth partner Jonathan Philpot said these issues ...

Charity donates $10m to university

KANIKA SOOD  |  WEDNESDAY, 28 NOV 2018
Owners of an ASX-listed company donated $10 million to a university with campuses in Coffs Harbor and Queensland to fund research. Marcus Blackmore and wife Catherine of the $2 billion vitamin empire Blackmores made the personal donation to Southern ...

Super fund offloads harmful holdings

JAMIE WILLIAMSON  |  TUESDAY, 27 NOV 2018
A $9.2 billion industry superannuation fund has become the latest to divest tobacco, thermal coal and tar sands producers. In addition to their existing controversial weapons exclusion, Vision Super will be culling investments in tobacco, thermal coal ...

Dexus partners with sovereign wealth fund

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Dexus has set up a $2 billion wholesale fund that will invest in Australian logistics properties as a joint venture with an Asian sovereign wealth fund. Singapore's GIC is initially taking a stake of about $417 million in the Dexus Australian Logistics ...

CountPlus acquires interest in integrated wealth firm

JAMIE WILLIAMSON  |  MONDAY, 19 NOV 2018
... O'Brien Accountants and Advisors, CountPlus made the first of an expected sweep of selective growth transactions under its new Owner, Driver - Partner model. CountPlus forked out $1.164 million for its stake. The acquired business has revenues of about ...

Poor performance a fiduciary breach

JAMIE WILLIAMSON  |  FRIDAY, 16 NOV 2018
... sector as well. And I would hope that APRA would drive this, ending the days of trustees being a servant to their commercial owner rather than a servant to the member," he said. Asked how many super funds he thinks would be appropriate, Sherry said he ...

Global asset managers sign responsible firearms framework

DARREN SNYDER  |  THURSDAY, 15 NOV 2018
State Street Global Advisors and Nuveen are among the first signatories of a document designed to improve engagement with companies that manufacture, distribute, sell or regulate products within the civilian firearms industry. Thirteen institutional ...