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Showing 171 - 180 of 2163 results for "Plus"

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... 0.89% and is overseen by Kapstream portfolio managers Dylan Bourke and Mark Bayley. It targets a return of the RBA cash rate plus 6% per annum and is distributed by Mantis Funds. Warehouse financing, which is common among non-banks lenders, is a type ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... occur in 2080, though largely achieved in the next 25 years. "We project system maturation in terms of assets to occur in 50-plus years when individuals have received the full legislated SG contribution rate for their entire working life," Dunn said. ...

Blossom launches new fixed income product

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
Blossom, an Australian fixed income app, has launched Blossom Plus, a managed fund that offers access to bond investments with a target return of 7%. The new product is designed for investors who want to maximise the value of the savings made on their ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... for super to be paid on parental leave for more than 13 years, welcomed the announcement. "More than 80% of our one million-plus members are women, many working in typically lower-paid industries such as aged care or early childhood education. Paying ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... identifying the demographic investor profile where the money is in Australia. "We note that between 2023 and 2040, the 65-plus age cohort in Australia will grow by 42%," Foresight Analytics said. The report added that Australian private debt has and ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... 31, the script flips: Mine Super's - High Growth investment option leads with an 8.5% return. TelstraSuper Corporate Plus - MySuper Growth followed at 8%, with Active Super's High Growth option not far behind at 7.8%. Looking at a 10-year performance ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... to incur $8 million in one-off transaction and integration costs. This excludes Diverger transaction costs of $2 million plus employee expenses related to change of control. Initial integration work is underway with joint integration meetings based on ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... increased, yet 81% have not had a meaningful pay rise to compensate for more work. Managers can earn as much as $300,000 (plus on-costs) on average per year. Most roles are typically held by men (61%) who have 10-plus years of experience. Over a third ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... year, while profit after tax was $35.6 million. The second stage of its overhaul, which will be implemented over the next six-plus months, involve enhancing the investment platform, building improved product and distribution capability through new channels ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... under its newly established Medium Term Notes Programme, dated 18 August 2023. The Notes have a coupon of three-month BBSW plus 93 basis points, were priced at par and mature on 26 February 2027. Issued in Australian dollars, these Notes are targeted ...