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Showing 2191 - 2200 of 28255 results for "NOT"

ACTU slams plans to Americanise the superannuation system

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
... approach to retirement savings, in which bosses can choose to offer a retirement plan as a work 'perk', but they do not have to. ACTU assistant secretary Joseph Mitchell said this should send shivers down the spines of Aussies. "In this speech ...

Harvard endowment delivers 9.6% return, hits $53.2bn

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
Harvard University's endowment has delivered a 9.6% return for the fiscal year ending September 30, bringing its total value to $53.2 billion. The endowment, which targets an 8% annual return, has achieved an annual return of 9.3% over the seven years ...

VFMC investment team takes shape

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
... working with and supervising the different asset classes. Having the asset classes report through another senior executive will not just free him up but allow the asset class teams to get a quicker response to their requests. "Chief investment officer ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... (CBA) head of Australian economics Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally, Aird said that ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... while $487 million was added through flows and investment performance. "The acquisition of Altius Asset Management business not only adds to FUM, it strengthens our position as one of Australia's leading ethical fund managers and aligns with our ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... determining the appropriate level and duration of restriction". Principal Asset Management chief global strategist Seema Shah said not only is this the first back-to-back rate cut in this cycle, but it is also the first time in 13 years that the ECB ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
The number of mandates awarded by not-for-profit (NFP) super funds and investment managers has spiralled into freefall, according to the latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
Australians are finding it hard to achieve their financial goals because of inflation, the cost of living, and a complex investment landscape that's characterised by ongoing policy change, according to Generation Life research. While those with a financial ...

Clime shakes up board again

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... the board following the abrupt exits of directors Andrew Coleman, Claire Bibby, and Susan Wynne on October 16. The firm did not elaborate on their departures, only saying that it "extends its best wishes to the outgoing directors". Davis, who is a principal ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... who have separated, for affordable housing and crisis support, must be urgently addressed," Kowalczyk said. "Women should not be forced to rob from their economic security in retirement in order to leave a bad relationship. "The proposal would effectively ...