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Showing 1791 - 1800 of 19582 results for "RIS"

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
Assembly Funds Management (AFM), backed by the Lowy family, is seeking to raise about $100 million in re-opening its second property fund. Australian Diversified Property Fund 2 (ADPF2) is rattling the tin for the second time after it completed its ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new study from global consulting firm Kearney revealed the number of zombie companies in Australia increased 13.6% in the past year. Zombie companies - those which don't produce enough profits to cover debt obligations - now account for 5.8% of ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
AMP will sell its advice licensees and support services business to Entireti and AZ NGA and offload its minority stakes in 16 individual practices. It comes as the advice business reports a net loss of $15 million. Entireti, formerly Fortnum Private ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
Family offices are becoming more professional, but they face significant challenges, particularly with regulation and compliance, according to an international study by Ocorian. The research from Ocorian revealed that of the approximately 300 family ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
ESSSuper has launched a new option designed to help members boost their savings in retirement. The new Balanced Growth Managed option aims to help members increase their super balance for retirement by delivering stable returns via diversification. ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Living costs have risen for all Australian household types in the June quarter, according to data from the Australian Bureau of Statistics (ABS). ABS head of prices statistics Michelle Marquardt said increases in living costs in the June quarter ranged ...

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
The Guardians of New Zealand Superannuation appointed Michael Mitchell to the role of chief risk officer. Mitchell, who was previously the head of risk, has been acting chief risk officer since Mark Fennell retired earlier this year. The organisation ...

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Treasurer Jim Chalmers has spoken out on the likelihood of Australia falling victim to the impacts of a potential US recession. This comes after global markets sustained a major sell-off, with the ASX losing $102 billion on Monday, after US data revealed ...

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
Vision Super is closing its Property and Infrastructure options, while also removing the asset classes from one of its balanced offerings. Effective October 4, Vision Super's Property and Infrastructure options will be closed to members, with Vision ...