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Showing 2281 - 2290 of 9279 results for "wealth"

Domestic bias swells for HNWIs

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... High-net-worth individuals' love affair with domestic shares jumped from 56.4% three years ago to 73.4% in 2021, Crestone Wealth Management's 2021 State of Wealth report finds. This is closely followed by holdings in cash (72.4%) and direct residential ...

New appointments to FSC board

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
The Financial Services Council (FSC) has today announced the appointments of AMP Australian Wealth Management chief executive Scott Hartley, and Challenger chief executive, people, corporate affairs and strategy Michelle Taylor, as directors to the ...

Do inflows follow performance?

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
... "Relative performance had the least effect on multi-sector funds where products are more likely to be associated with larger wealth groups (that may also have aligned licensees) and there is a smaller gap between highest and lowest returns," the research ...

Morgan Stanley promotes two senior leaders

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
Morgan Stanley Australia appointed a new local wealth management research lead as the incumbent takes on an executive role overseas. Head of wealth management Australia research Nathan Lim will relocate to Hong Kong to assume the position of co-head ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... those named and shamed. In contrast, the report noted that Active Super, Australian Ethical, Christian Super, Crescent Wealth, Future Super and Verve Super have already divested from all companies that derive revenue from nuclear weapons. The companies ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... find the right candidate for the role. I'm delighted to welcome Mark to MLC Life Insurance," Cook said. "He brings a wealth of experience and an exceptional depth of understanding about superannuation, group insurance, and how to provide the best ...

Yarra Capital bolsters investment team

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... issuers. He will start with Yarra in January 2022 and will be based in Melbourne. Ginges joins from Minchin Moore Private Wealth, where he is an associate portfolio manager. He will be based in Sydney with Yarra, working on its microcaps strategy with ...

U Ethical Investors announces new relationship manager

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
... relationship manager. Asai joins U Ethical's distribution team at a pivotal time, as the fund manager expands further into wealth management and institutional markets. With over 15 years' experience in institutional sales, equity investment analysis ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Charter Hall and Singapore sovereign wealth fund GIC have co-purchased 50 Marcus Clarke Street in Canberra's CBD for $335 million. The joint venture will see GIC acquire the vast majority of the property (95%), with Charter Hall to own the remaining ...