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Showing 2211 - 2220 of 9279 results for "wealth"

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... December quarter, fearing what the loss of a major mandate and troubles at the executive level meant for their investments. UK wealth manager St James' Place eroded funds under management, abruptly walking away with $23 billion and leaving a 12% ...

2021 lined homeowners' pockets: Data

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... value of $908 billion, Rainmaker said. Still, depending on where you live, house price rises accounted for half the 2021 wealth gain; rising at the fastest annual rate on record. Unfortunately, if you don't yet own a home, you weren't one of ...

CFS awards platform technology mandate

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Colonial First State awarded a major technology mandate in a bid to revamp its wrap platform. Specialist investment platform provider FNZ won the task of transforming FirstWrap, replacing its underlying technology as CFS attempts to cement its lead ...

Future Fund now over $200bn

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
Australia's sovereign wealth fund has cracked $200 billion in assets for the first time, its latest portfolio update has revealed. Future Fund continued to grow over the December quarter, contributing to an annual return of 19.1% for the calendar year ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... with changes to the prudential framework subject to legislative timeframes. "APRA will work with all participants in the wealth management sector to encourage innovation in the development of high-quality retirement products that deliver good outcomes ...

Equity Trustees hires from Warakirri

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
... for profit organisations while we remain focussed on continuing to achieve excellent results for them. "Safeguarding the wealth of Australian individuals, communities, families and charities is a part of our DNA as key part of Australia's leading specialist ...

Zenith creates new QLD role

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
... most recently a business development manager for AMP/North, where he was responsible for designing and implementing the wealth management sales strategy in the Queensland market. Commenting on the appointment, Nicoll said Roebuck's long history and strong ...

Pinnacle adds to US leadership

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
... public pension plans, private pension funds, insurance companies, endowments and foundations, family offices and private wealth. The US is now Pinnacle's largest market by funds under management outside of Australia. Its most popular affiliates within ...

ClearView welcomes chief risk officer

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
ClearView Wealth has appointed a chief risk officer from NAB to oversee its compliance and risk management operations. Cloe Reece was most recently the executive general manager of enterprise controls performance at NAB. Prior to spending about 18 months ...

Economists expect a rate rise: Finder

CHLOE WALKER  |  MONDAY, 31 JAN 2022
... labour market will convince the Bank to hike rates first in August and lift rates to 1.25% by the end of 2023," Udy said. Wealth Within's Dale Gillham stated that the high inflation we are currently facing is not a major concern, as it is "being ...