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Showing 131 - 140 of 2729 results for "America"

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
... Over the course of her career, she has also held roles with Commonwealth Bank, GE Capital, Barclays Capital, and Bank of America. State Super chair Nicholas Johnson described Yuncken as an outstanding executive and said she was selected after an extensive ...

Bravura to welcome new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
A former director of corporate superannuation at AMP will take over as chief executive and managing director of Bravura Solutions. After 15 years with the company, Nick Parsons will step down as chief executive. On his decision, he said: "During my ...

No place for crypto in insto portfolios: PGIM

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
PGIM has made clear its thoughts on cryptocurrency, labelling it 'portfolio kryptonite' and saying it adds little to institutional investment portfolios other than a whole lot of risk. In its latest Megatrends paper, investment professionals from across ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Tesla has been booted from the S&P 500 ESG index due to its low S&P Dow Jones Indices (DJI) ESG score. In an S&P DJI ideology blog, North American head of ESG indices Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

Aussie private capital on the rise: Report

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
... 17.8% (median net IRR) for Australia-focused funds with fund vintages from 2012 to 2019, fund performance topped North America, Europe, and Rest of World." Lowery added that Australia is increasingly seen as a desirable destination and hub for institutional ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... situation needs, Swan said. "This loss of economic equality has driven populist instability in Western democracies like America, France and Britain" he added. Despite having what Swan described as 'less than stellar' economic performance over ...

Investor confidence drops in April: State Street

CHLOE WALKER  |  FRIDAY, 29 APR 2022
State Street's investor confidence index has decreased to 92.9, down 6.6 points from March's revised reading of 99.5. The index, which was developed in partnership with FDO Partners, measures investor confidence or risk appetite quantitatively by analysing ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... investments in international infrastructure equity funds; and some of the employees located across the UK, Europe, North America, and Asia. This follows the sale $430 million of the domestic infrastructure equity and real estate business to Dexus, announced ...