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Showing 1371 - 1380 of 8272 results for "Performance"

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... negative. "The fall in wealth is unsurprising given the dramatic pivot in monetary policy that culminated in the worst performance for the traditional blended portfolio since the 1930s," Knight Frank said. Europe saw the largest decline in wealth with ...

HESTA investment committee chair to depart

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
... years that's supported us to keep building the capacity of our investment team to deliver strong, long-term investment performance for our more than one million members in the years ahead." HESTA chair Nicola Roxon added that Burgess helped guide the ...

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... beyond, found that advisers are increasingly anchoring their value proposition on something other than investment performance. Instead, they are adding value in areas such as budgeting and cashflow management, debt, superannuation, tax, Centrelink, retirement ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... WealthSolutions2 product on the HUB24 platform. "The wealth management business has faced strong headwinds with the poor performance of the segment resulting in a drag on group earnings," ClearView's latest financial reports show. As part of the ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... confident that one of its brands will be able to meet the growing advice affordability gap. Commenting on the recent performance of the advice business, Insignia chief executive Renato Mota told Financial Standard that the reduction in revenue in part ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... been on MySuper products, following the Your Future, Your Super review, APRA will be prepared for an iteration of the performance test for choice products in 2023, Ellis adds. Meanwhile, ASIC commissioner Danielle Press similarly emphasised the need ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... transaction costs for the Pendal acquisition. Perpetual chief and managing director Rob Adams said the first half financial performance was "solid" in the context of a challenging period for asset managers globally. "The Group's underlying profit ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... $7.5 million, up from $1.2 million last year, due to increasing returns from underwriting." Commenting on the group's performance, managing director and co-founder Andrew Schwartz said Qualitas has experienced strong deployment primarily attributed to ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... previously reported by Financial Standard, APRA heatmaps said the bank's MySuper option had significantly poor performance in relation to the benchmark. The fund's total accounts growth rate (three-year average) was also negative (-2.28%). ART ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... ) and October 31 ( PPPM Special Report ). Accenture identified several issues in its review, one of which includes performance and resiliency issues affecting holdings. This issue may lead to significant outages and performance degradation, Accenture ...