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Showing 151 - 160 of 2380 results for "States"

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... provisions of the Share Purchase Deed and is seeking damages in the order of $3.5M," Sequoia said. An article in the AFR states that Sequoia refused to pay another 3.2 million shares to McGowen due in February 2023 and other staff members on the basis ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... the end of June 2024 to take up the role of chief investment officer at CalPERS, the largest pension plan in the United States with US$494 billion under management. Acting chief executive Paula Steed said the fund is sorry to lose Gilmore but acknowledged ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... its lowest point in the past year has flashed red. Although, the national US unemployment rate has risen by 0.3%, 21 US states have triggered the 0.5% threshold, which has never happened before without a recession occurring.

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... with average growth in full-time employee earnings of 3.8%, ASFA's Early release of superannuation for home purchase paper states. Those on lower incomes and therefore lower superannuation balances tend to have a relatively low amount of money for a ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... government-leased assets. The Castlerock Government Property Fund invests in state and Commonwealth government properties spanning five states. The 10-year-old fund has some $526 million in assets. The fund manager is currently completing a $60 million ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... superannuation should be drawn down in retirement to cover health, lifestyle, other living expenses and aged care costs," the report states. "These superannuation trends, combined with high asset wealth through the family home and other investments ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... approvals and some advice licensees over-relied on the option being included in trustees' investment menus," the review states. There is also an over-reliance on ratings houses, ASIC said. It identified two trustees that merely require a 'neutral' rating ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... according to the Associated Press, while US$106 million was approved to spend on 14,000 rounds of tank ammunition. "The United States is committed to the security of Israel, and it is vital to US national interests to ensure Israel is able to defend ...

ETFs reigned supreme in 2023: Superhero

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
... generations (Pilbara Minerals (PLS) followed by Core Lithium (CXO), Fortescue (FMG) and BHP (BHP). When it came to the states, Tasmania and the Northern Territory deviated slightly from the rest of the country, with Gold Hydrogen Ltd (GHY) and Core Lithium ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... men in the world have doubled their fortunes, while almost five billion people globally have become poorer, the report states. If current trends continue, the world will see its first trillionaire within a decade. If each of these men spent US$1 million ...