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Showing 161 - 170 of 1849 results for "accounting"

Where to invest when local equities look expensive

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... stocks, including the 'Magnificent Seven,' accounted for almost 60% of US equity market returns last year, despite only accounting for 30% of the market's capitalisation. "We think the outperformance is mostly behind us, and only two of the Magnificent ...

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... of SNS Diwakar tax agents in Sydney; Marrickville-based Constantine Kambourakis; and Ruaidhri Carslake from Can Do Accounting Services in Queensland. Diwakar was found not to be fit and proper after he was found, along with his tax agent related entities ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... concentrated. Vanguard, Betashares, and BlackRock's iShares recorded a combined $24.4 billion in net inflows - accounting for nearly 80% of industry flows. Passive exposures again led the way for flows last year, mostly via market cap index tracking ...

Magellan names interim chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... progress. Prior to joining Magellan, Mutchnik held various roles at Origin Energy, including as group manager, technical accounting, and senior manager, corporate finance. She started her career at KPMG in Los Angeles before transferring to KPMG Australia ...

Zenith hires from Preqin and Morningstar

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... and analytics space, with direct experience across managed accounts, investment sales, sales management, cloud-based accounting software and fintech,' added Boyes. "These strategic appointments underscore Zenith's commitment to strengthening our institutional ...

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... and dynamic support for members. "We believe AI should play a major role in balancing personalisation and simplicity, accounting for individual needs and varying levels of financial literacy. This should foster increased member engagement and promote ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... manager Steve Flegg made public that the fund had "took the plunge" into crypto, with its exposure to digital assets now accounting for 0.05% of its total assets under management - $57 billion. Flegg said crypto had "become too big, and its potential ...

Oaktree completes $240m AZ NGA deal

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
... with Oaktree gives us the capital to fund our short-to-medium term plans and continue enhancing our proposition to accounting and advice businesses," Barrett said. "In the next 12 months, our focus is on accelerating our super firm program, ramping up ...

BNP Paribas secures Insignia mandate

ELIZA BAVIN  |  TUESDAY, 17 DEC 2024
... strategy, we undertook a review of our custody and related services arrangements," Insignia Financial general manager, fund accounting and operations Kirk Newey said. "Following an extensive tender process, we chose BNP Paribas' Securities Services business. ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... billionaires, the research found, noting that almost half work in the consumer and retail and materials sectors with each accounting for 24%. This is followed by the technology sector and financial services sectors at 16% each. "Just as a few big US ...