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Showing 2521 - 2530 of 6278 results for "December 2021"

NAB retains long-term asset servicing mandate

ALEX BURKE  |  THURSDAY, 13 APR 2017
NAB Asset Servicing will extend its 10-year partnership with a major Australian university for a further five years. The University of Sydney retained NAS as the custodian of its endowment funds as well as the recently-introduced Student Managed Fund ...

Sovereign wealth fund growth steady

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
The total assets under management held in sovereign wealth funds globally levelled over the past two years, seeing growth of 1% between March 2016 and March 2017. The 2017 Preqin Sovereign Wealth Fund Review found assets grew to US$6.59 trillion from ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...

Super wealth reaches record high

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
The amount of wealth Australians hold in superannuation is climbing to a record high, according to the latest figures from the Australian Bureau of Statistics. At the end of December 2016, Australians held $2.6 trillion of household net worth in superannuation ...

Australian Unity property trust suspends units

ALEX BURKE  |  WEDNESDAY, 12 APR 2017
Australian Unity's Healthcare Property Trust has suspended wholesale and Class A units and will not accept new investor applications until further notice. The trust, which was established in 1999, invests in healthcare property assets, including hospitals ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
Supermarket giant Coles quietly exited the life insurance industry less than three years after launching a directly distributed offer. As of 1 January 2017, Coles Life Insurance policy holders became customers of MetLife - the insurer whose MetLife ...

Philanthropy report offers valuable insights for NFPs: Perpetual

EMMA RAPAPORT  |  FRIDAY, 7 APR 2017
Collective and collaborative giving is on the rise in Australia, with more than a third of philanthropists suggesting they give as a group as well as individually. The latest giving patterns of high-net-worth (HNW) and institutional givers was released ...

MLC Super welcomes new chief executive

EMMA RAPAPORT  |  FRIDAY, 7 APR 2017
NAB appointed its new chief executive of MLC Super, who will be responsible for NAB's entire superannuation and investment businesses. The internal promotion sees Matthew Lawrance move in to the top role. NAB chief executive Andrew Thorburn described ...

Not as good as the headline

BENJAMIN ONG  |  FRIDAY, 7 APR 2017
It's not as good as it looks. The second biggest Australian trade surplus on record, that is. Us, Australians all, should be rejoicing at the Australian Bureau of Statistics' (ABS) report that the country's international trade surplus widened by 138% ...

Adviser sentiment turns corner

KARREN VERGARA  |  FRIDAY, 7 APR 2017
The negativity around life insurance adviser sentiment is starting to turn a corner, according to new research from Zurich. Adviser sentiment improved marginally from 4.1 points in December 2015 to 4.2 points in February 2017, according to the Risk ...