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Showing 1661 - 1670 of 17952 results for "Bank"

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... in their top 50 stocks was 31% for the women-led products vs 27% for the other MySuper products." BHP, CSL, Commonwealth Bank, NAB and Transurban Group are the most favoured local stocks among women-led funds, while the favourites for the male-led products ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... Superannuation Corporation fell through. Just days later, it was announced that it was also exploring a merger with Commonwealth Bank Group Super. In a statement to Financial Standard, ART chief commercial officer Dave Woodall said: "We're excited ...

UBS names industry veteran as Australasia chair

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
The investment bank has appointed Lindsay Maxsted as its non-executive chair of Australasia. Maxsted steps into the position effective immediately and is based in Melbourne. He brings a wealth of corporate and board experience to UBS, formerly serving ...

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
Capital markets will be potentially the epicentre of the next financial crisis, according to an investment expert, as unsustainable debt levels could tip global economies into a recession. In her recent visit to Australia, Ariel Investments chief investment ...

Bridgewater to restructure, pushes for global expansion

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
Bridgewater Associates has announced a restructuring plan that includes cutting 100 jobs as it seeks to expand globally and invest more in artificial intelligence (AI) technology. The job cuts will affect approximately 7.7% of Bridgewater's workforce ...

Gurner Group welcomes first investment chief

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... real estate and seven years as director of real estate investment banking, Australia. He has also spent time at Deutsche Bank, Merrill Lynch and Dubai-based real estate developer Meraas Holding. Commenting on his appointment, Bharara said: "I am looking ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... as director-general of the Departments of Housing and Community Services. Meanwhile, former deputy governor of the Reserve Bank of Australia Guy Debelle has been appointed as an external advisor to the ART investment committee. Debelle also serves as ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
Australian dividends rose to a new record last year and investors reaped the benefits taking home a collective $97.7 billion in payouts. According to Janus Henderson, the increase was complemented by an 8.4% rise in global dividends which grew strongly ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
Industry super defied the odds by growing its asset pool by 14% at the end of 2022 while other sectors contracted. According to APRA's latest statistics, industry super fund assets reported double-digit growth to reach $1.1 trillion compared to the ...

HESTA hires from MLC Super for GM role

ELIZABETH FRY  |  MONDAY, 27 FEB 2023
... MLC Super, where she spent three years as the head of client enablement. Before that, she worked at the National Australia Bank, most recently as the head of business delivery in the lender's corporate superannuation. "It's fantastic to welcome ...