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Showing 231 - 240 of 2401 results for "Sharp"

AZ NGA acquires stake in Sydney advice firm

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
AZ NGA has acquired an economic interest of 42% in Foster Raffan iPlan, to support the business in its growth and expansion endeavours. Based in North Sydney, Foster Raffan iPlan specialises in wealth management and retirement planning and is led by ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... catastrophes such as wars. "Risk businesses generally move up with CPI, which is about 5% per annum at the moment," he said. The sharp increase in global inflation has been largely driven by government stimulus at the onset of the global pandemic, in ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

Brighter Super sees double-digit returns

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
Brighter Super has reported double-digit returns across several of its investment options for FY23, owing largely to its oversized equities allocations. Brighter Super's MySuper option produced a 12-month return of 10.62%, while its Growth option returned ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... influence MFP measure, as output can vary significantly for a given amount of inputs," the report read. As an example, the sharp decrease in productivity from 2017 to 2020 was due to the Eastern Australia drought, while the recent surge was a result ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
Having overhauled the global investment manager's local business, Brett Jollie has finally confirmed his departure calling it a planned exit. "It is something I've been working towards since last December when we announced the restructure of ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... million members are invested in, was buoyed by strong equity market performance, bolstered by solid corporate profits and a sharp rebound in technology stocks. Despite these gains, interest rate sensitive assets such as bonds, property, and infrastructure ...

ISPT targets success with revamped leadership

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
Industry Super Property Trust overhauled its leadership team, including adding a chief investment officer and two group executives to oversee funds management and property. ISPT said it has restructured its business for success, adding four new roles ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker ...

NGS Super names chief executive

ELIZABETH FRY  |  WEDNESDAY, 7 JUN 2023
Natalie Previtera has been permanently appointed to the role of chief executive after acting in the role for nearly a year. Her appointment followed the retirement of Laura Wright. Previtera joined the $13 billion asset owner in 2019 and was appointed ...