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Showing 281 - 290 of 2196 results for "In March"

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... currently at 40%. The biggest increase in the current median allocation was in real estate, from 6.5% in 2021 to 8.6% in March 2023, Preqin explained. SWFs have also become more sophisticated with their alternatives investments, with some building large ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... considerable outflows of client funds. The banks predicament was worsened by recent disruptions in the US banking system in March 2023. "It was necessary for the authorities to take action in order to prevent serious damage to the Swiss and international ...

Australian Retirement Trust makes three leadership appointments

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... chief of staff and executive general manager of advice, guidance and education at Australian Retirement Trust (ART). In March, and about a year on from its creation, ART overhauled its executive team to better position it for the next stage of growth. ...

Quality stocks outperform on average: Bell AM

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... quality stocks is just starting now, following a series of unfortunate events within the world of financial services. "In March we saw the collapse of Silicon Valley Bank (SVB) and some of the regional banks in the US, we saw Credit Suisse go up in a ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... excluding these volatile items, the annual movement of the monthly CPI indicator was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is ...

BT upgrades platform functionality

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... so far this year, 1300 related to requests to generate a Centrelink schedule." The Service Request Tracker was updated in March and now allows advisers to download and submit selected forms. Uptake has reached 17,000 unique users as of May 2023. "Tracking ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
... said it then took measures to address the problem, including issuing a new PDS and new member guide and costs fact sheet in March this year. It also reviewed its processes to prevent similar issues from occurring in the future, it said. Of note, the ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... AMP's Platform business and brings nearly three decades of experience to the role. Meanwhile, Natalie Philips joined in March as NSW state manager. Philips was previously a business development manager at Challenger and joins with over 13 years of ...

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
... 2022, The Economist released an article arguing that ESG is "the three letters that won't save the planet". Then, in March, US President Joe Biden used his first veto to fight a Republican proposal to prevent pension fund managers from basing investment ...

Atrium hires abrdn wholesale lead

ELIZABETH FRY  |  FRIDAY, 19 MAY 2023
... strategy," he said. Mitchell's departure follows the handover of arbdn's Australian equities business to SG Hiscock. In March, the asset manager terminated five funds as part of the consolidation of the local business, key to which is its recent ...