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Showing 1971 - 1980 of 28255 results for "NOT"

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... fund's investment goal rather than focusing on a particular strategic asset allocation. With this investment style, funds do not operate with a fixed strategic asset allocation, and they avoid silos across asset classes. NZ Super, AustralianSuper ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
The government has announced an additional allocation of $401 million over four years to help implement payday super, due to begin 1 July 2026 - requiring employers to pay their employees' superannuation entitlements at the same time as wages. Advocacy ...

Schroders shutters local private debt arm

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2024
... asset backed finance, as well as private equity where we are already seeing sustained growth and momentum." The decision does not relate to the Schroder RF joint venture which was established in 2021 when Schroders bought half of RF Eclipse, part of ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... Productivity Commission will deliver its reports to the government at the end of next year. Robson, however, said "it's not all doom and gloom," noting that today's economy, is in some ways, stronger than the pre-pandemic period, particularly ...

Iress wealth technology lead exits

MATTHEW WAI  |  THURSDAY, 19 DEC 2024
... advancements in software delivery, security and ways of working." "We wish him all the best." While his next destination was not revealed, Gerrits said he is "immensely proud" of what the team has achieved. "These experiences have shaped me, both personally ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
Household wealth rose for the eighth consecutive quarter, up 2.4% or $401 billion in the September quarter 2024, according to the Australian Bureau of Statistics (ABS). Total household wealth was $16.9 trillion in the September quarter, which was 9.9% ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... $130 million of this to the New South Wales government. TCorp chief executive David Deverall said the "strong performance was not a one off". "It was driven by our sharp focus on building resilience into our portfolios to withstand a range of scenarios ...

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... proposed transaction doesn't adequately represent fair value to its shareholders. The board therefore concluded that it's not in the best interests of Insignia shareholders to engage with Bain Capital regarding its initial offer. Last week, Insignia ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
Vanguard is the largest exchange-traded product (ETP) manager in Australia, having also so far this year achieved the highest growth from a funds under management (FUM) perspective ($15.4 billion) - however, there's more to the picture. According to ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... "become too big, and its potential was too great to continue to ignore," though he also acknowledged that its "risky, new, and not yet fully proven," which drew a cacophony of reactions. He explained that the underlying fundamentals of their investment ...