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| | | The New Zealand Superannuation Fund has delivered a pre-tax return of 11.84% after costs for the year ended 30 June 2025. Total fund size was up $8.4 billion from a year earlier, ending the 2025 financial year at $85.1 billion. Guardians of New Zealand ... |
| | | | ... employees, monitoring and reporting, and governance, along with costs around maintenance and expert advice. On the benefit side, though, Davis sees most state-of-the-art GenAI models in an enterprise system delivering accuracy rates of about 80%. Among ... |
| | | | ... the many clients involved will likely feel betrayed and dismayed that they have lost money and "it doesn't appear as though anyone is interested in finding out why." "Finally, the findings from this inquiry would have been relevant to help inform ... |
| | | | ... data does not entirely rule out further RBA rate cuts. "It's still quite possible that the RBA cuts rates in November, though it's no longer the done deal we previously believed. It will, as was the case in August, come down to the next quarterly ... |
| | | | ... were up 73% to $27 million. Much of this was due to operating expenses dropping after the Rhombus Advisory separation, though the group said these savings were offset by increases in salaries and adviser incentives over the period. It said a focus on ... |
| | | | ... administration sat at $136.4 billion as of June 30, rising 30% year on year. Of this, $112.7 billion is on the platform, though HUB24 said this has now increased to $118 billion. "Our strong financial performance during FY25 has delivered underlying ... |
| | | | Vision Super is divesting G8 Education in response to horrifying allegations of child sex abuse at one of its centres. The company was added to the list of investment exclusions in Vision Super's responsible investment policy on July 27. In June ... |
| | | | ... few months ago, but if they still believe that is still likely they are keeping it largely to themselves, for now. Even though the US Fed held out and kept rates on hold in late July, Grotzinger is not expecting it to hold out for too long. "The market ... |
| | | | ... early April. In Australia, the main risk is a failure of households to lift spending as their incomes continue to rebound, though lower interest rates and likely higher house prices in coming months should eventually lift their animal spirits." Bassanese ... |
| | | | Former Qantas Super investment lead Andrew Spence has joined a local multi-family office as partner and chief investment officer. Omnia Capital Partners has welcomed Spence, where he will lead portfolio construction and asset allocation and grow the ... |
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