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Showing 1371 - 1380 of 8107 results for "Total"

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... Australia (RBA), Powell said inflation remains well above the Fed's long-term target goal. "Over the 12 months ending in May, total PCE prices rose 3.8%, excluding the volatile food and energy categories, core PCE prices rose 4.6%," he explained. He ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... risk of future pensions is critical in the current inflationary environment. According to APRA, Aware Super has about 5800 total defined benefit members, as at June 2022 - less than 1% of its 1.2 million-strong membership. "Through this innovative de-risking ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... the private investment arm of Li-Ka Shing, through an extension to an existing convertible note facility. It brings the total funding under the facility to $13.5 million, following a raise of $7.5 million in 2022. It also comes as its superannuation ...

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... Society will take over Insignia's investment bond business, which operates under IOOF Ltd, valued at $1.1 billion. The total consideration of $40 million comprises $36 million in cash paid upon completion, and a contingent amount of up to $4 million ...

Partners Wealth Group names head of alternatives

CHLOE WALKER  |  MONDAY, 24 JUL 2023
Anastassia Juventin joins the Melbourne-based firm as head of alternatives for its wholesale investment business, Partners Private. The newly created role will see Juventin lead the Partners Private funds research and due diligence process, while also ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... said. CFS has $147.4 billion in funds under management and 940,000 customer accounts. The FirstChoice Employer Super has a total funds under administration of $14.9 billion.

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... Meanwhile, AMP's MySuper 1980s and 1990s investment options, the latter of which is the largest AMP superannuation product by total membership (111,774), achieved returns of 9.4% and 9.7% respectively for the financial year. "Our younger members ...

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... the group's global project pipeline, as well as representing a major vote of confidence in Australia's property market. In total, Connor said, Lendlease has secured Japanese investment in projects totalling approximately $11 billion in end development ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... average, while Hunter Green and Boston Reed have 19.6 and 19.5 years respectively. There was a 4% year-on-year decline in the total adviser pool in FY23. The number of registered advisers dropped from 16,415 to 15,708, with AMP Financial Planning, Synchron ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... returned 10.3% to members invested in the default Balanced option, or 11.8% for those with a zero-tax pension account. In total, all investment options generated positive returns; half saw double-digit returns. However, the top performer was the Global ...