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AIA Australia names head of wellbeing

MATTHEW WAI  |  THURSDAY, 1 AUG 2024
The wellbeing team is now part of the life insurer's shared value partnership team, following a strategic decision to maximise support for customers. AIA Australia has announced the new wellbeing team structure and welcomed Lucy Hartley as head ...

J.P. Morgan expands ETF suite

MATTHEW WAI  |  THURSDAY, 1 AUG 2024
... markets with less volatility," he said "Australian investors, who have long enjoyed dividend income from domestic equities, now have the opportunity to earn income from their international equity investments." By selling call options every week, the ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... recession. "Australian mortgage holders and businesses should breathe a sigh of relief as the case for a rate rise should now dissipate," Smith said. "The factors driving Australian inflation at the moment cannot be fixed through interest rate hikes. ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
... for the fourth and final major theme - "debanking" - to thrive, he said. "Loans that were previously written by banks are now being written by smaller participants in the market. What we're seeing is the continuing rise of private credit," he noted ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... Victoria remains in third place with the ACT in fourth position. The previously equal fourth-placed states of Queensland (now fifth), Tasmania (now sixth) and NSW (now seventh) all dropped down the leaderboard. The Northern Territory remains in eighth ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... executive Jason Murray and chaired by current CareSuper chair Linda Scott. The remainder of the executive lineup has also now been unveiled. Current CareSuper chief investment officer Suzanne Branton will retain her role, as will Jean-Luc Ambrosi as ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... years of investing, he's never been in a position where the world was totally at peace. "Is the world a riskier place now? That's quite subjective. The reality is that we've had weapons of mass destruction for decades, so I question whether ...

Resolution Life Australasia adds to partnerships, product team

MATTHEW WAI  |  MONDAY, 29 JUL 2024
... head of governance and company secretary and will continue to oversee Resolution Life's legal and governance division in the now expanded position of general counsel and company secretary. She has held similar roles in renowned establishments such as ...

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... investment portfolio. Firstly, factors that once benefited investments, such as deglobalisation, interest rates, and inflation, are now reversing. Secondly, the rise of systemic risks, including geopolitical uncertainty, climate change impacts, and societal ...

NGS Super refreshes investment team, promotes three

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... in senior investment governance, and ESG and responsible investment roles. Prior to NGS Super, King worked at IFAA Group (now part of Apex Group) for over a decade. Finally, Wendy Fang takes on the role of senior ESG research consultant, moving up from ...