Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1401 - 1410 of 9376 results for "Income"

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... respectively. The loss was attributed to Barrenjoey largely completing the build out of its business lines, namely fixed income derivatives, equity financing, and private capital. "Barrenjoey continued its focus on growing market share and diversifying ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... benchmarks. Amid ongoing investments in talent and business expansion, GQG also reported a 1.3% increase in net operating income, reaching $176.4 million for the six months ending June 30, up from $174.2 million in the previous corresponding period. ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... Norges Bank Investment Management reported a $13.7% return on equity investments for the first half of 2023, while fixed income yielded 2.2%. However, unlisted real estate and renewable energy infrastructure saw declines of 4.6% and 6.5% respectively. ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... while the number of ultra-high-net-worth individuals (UHNWIs) is likely to rise to 372,000. Interestingly, low- and middle-income countries are responsible for 56% of this growth, although they account for just 31% of the wealth. In the next five years ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... industry super funds have called on the federal government to urgently reform a superannuation tax offset to prevent low-income workers from being penalised. The group of funds, which include Aware Super, Cbus, HESTA, and AustralianSuper, together with ...

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... seek to scale our sales and business development activities across EMEA and APAC bringing our liquidity, equity and fixed income investment products, along with our market leading stewardship capabilities, to existing and prospective clients," Uhlman ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail market jumped 53% to $3.6 billion in FY23, split across retail term ...

MFS appoints new country head

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... worked with MFS for over 20 years and explained the firm is well-placed for its next phase. "The diversification into fixed income is well underway, and the team headed up by Josh is well prepared for the next phase. Josh has played a key role in solidifying ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... Athena Fund primarily invests in uncorrelated risk premia strategies spanning various asset classes, such as equities, fixed income, and currencies. The underlying strategy was launched in 2021. Franklin Templeton said, given the cash-rich nature of ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... Home equity is four times the value of superannuation for the median retired household," he said. "The federal Retirement Income Review led the way globally by including home equity among the three pillars of retirement funding and Australia has the ...