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Showing 281 - 290 of 2348 results for "Advance"

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
In the face of increasing inflation and global uncertainty, local investors expect positive returns in the coming year, according to Schroders' Global Investor Study 2023. Conducted between May 26 and July 31, the study surveyed over 23,950 investors ...

Uniseed partners with major Aussie universities

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
Uniseed has joined forces with major Australian universities, doubling the number of research partners in the fund. Monash University has joined Uniseed as its full partner, along with the University of Newcastle, University of Technology Sydney, Western ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Wealth managers seek better data warehouse solutions: BNP Paribas

CHLOE WALKER  |  FRIDAY, 10 NOV 2023
Wealth managers are increasingly demanding better ways to access and utilise data from their custodians and expect advances in artificial intelligence (AI) to make this possible, according to BNP Paribas. "They want to know what we know and what we ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... the division divested 10 business units. This year, it divested BT's personal and corporate superannuation funds and Advance Asset Management to Mercer Australia. Assets for "packaged funds" decreased by $38.9 billion compared to 2022, primarily ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... financial situations and where the risks of investing were inadequately disclosed. It is anticipated the class action will advance the allegations of "unconscionable, misleading, and deceptive", Piper Alderman said. It's believed those eligible to take ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
The world's 40 largest life insurers face huge sustainability challenges, as a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... ranked sixth, it's still only a B+ grade. The report said the introduction of a compulsory retirement income stream could advance Australia's result, saying the improvement was primarily driven by higher mandatory contributions and increased pension ...

MaxCap, Australian Unity in social infrastructure partnership

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
The real-estate investment manager has joined forces with Australian Unity and UniLodge to develop $1 billion of new purpose-built student accommodation (PBSA) assets across Australia. The social infrastructure strategy is focused on meeting the increasing ...

EQT buys VetPartners

CHLOE WALKER  |  THURSDAY, 12 OCT 2023
The Swedish-based firm will acquire VetPartners from National Veterinary Associates (NVA) via its BPEA Private Equity Fund VIII. As a part of the transaction, BPEA VIII is expected to be 35-40% invested in VetPartners, subject to customary regulatory ...