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Showing 1571 - 1580 of 14210 results for "Interest"

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... reaching unprecedented highs. PwC attributed the profit success to robust balance sheet growth and an increase in Net Interest Margin (NIM), leading to an unprecedented rise of $9 billion in net interest income. Despite assumptions, the stellar results ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... a member's superannuation account to an adviser for personal advice provided to the member about the member's interest in the fund on the direction of the member," the Explanatory Memorandum read. The objective is to provide trustees with certainty ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... prior to the pandemic and with more capital than ever before. This is critical as we enter a period of continued high-interest rates, rising costs and geopolitical tensions," he said. Elliott explained that ANZ carefully managed costs to partially offset ...

A-REIT strategies outperform G-REITs

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... the worst returned 2.7%. "It's vital for investors to be aware of the inherent risks in the real estate sector, such as interest-rate risk and susceptibility to broader economic activities, to name a few," Le said. "It's also paramount to be mindful ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... According to the report, insurers reviewing their investment strategy expressed the most significant concerns as increasing interest rates (61%), inflation (58%), and evolving forward-looking expectations (50%). The report clarified that 90% of insurers ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... Research Enhanced Index Equity Active ETF (JREM). Despite the relative novelty of its ETFs, Creber reports a strong client interest in these products. However, he acknowledges the necessity for improved brand awareness and a clear articulation of the ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
BlackRock submitted a filing in Delaware to establish an iShares Ethereum Trust last week, while NASDAQ has proposed to list and trade its shares. In June, the $9 trillion asset manager similarly registered a Bitcoin trust, which was closely followed ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
GQG Partners' attempted acquisition of Pacific Current Group (PAC) has hit a snag as the former's major shareholder River Capital imposes its own conditions and a lower offer price. River Capital has undercut the original $11 offer to be paid in cash ...

Challenger duo joins Allianz Retire+

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Allianz Retire+ has appointed two Challenger executives to the newly created role of head of group retirement solutions, client delivery. Catherine van der Veen and Lucy Foster will share the position, managing client relationships, onboarding key partners ...