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Showing 281 - 290 of 1909 results for "Stay"

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... to have... So as an asset class, private credit has proven itself through this period of volatility and it's here to stay." Of the $3.3 billion of credit MA manages, it has $20 million in consumer unsecured credit, or personal lending. Wyke said ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... option will amplify its international equities asset allocation from 40% to 48%. Australian equities and cash holdings will stay the same, while exposure to property, infrastructure, and alternatives will be slashed. The fund also announced a raft of ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
As Magellan Financial Group's funds under management and profit drastically decline, its investments in Barrenjoey Capital Partners and FinClear also took a toll on its 2023 financial year performance. The group's average funds under management ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
Despite a decline in aggregate global wealth last year, UBS and Credit Suisse predict an upward trend over the next five years, reaching close to $979 trillion by 2027. The 14th edition of Credit Suisse's Global Wealth Report, now jointly launched with ...

TelstraSuper enhances lifecycle arrangement, introduces new option

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
TelstraSuper is extending the length of time its members are invested in growth assets and introducing a new aged-based moderate investment option for those aged between 65 and 70. Come October, members will shift out of the fund's MySuper Growth option ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Twelve industry super funds have called on the federal government to urgently reform a superannuation tax offset to prevent low-income workers from being penalised. The group of funds, which include Aware Super, Cbus, HESTA, and AustralianSuper, together ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... bear markets on average last only 0.9 years and are generally followed by a bull market, averaging 6.5 years. Investors who stay invested through downturns are therefore best poised to benefit when markets inevitably bounce back." This financial year ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
Micro-investing app Raiz has upped its fees on a range of its portfolios, with some increasing as much as 29%. The monthly maintenance fee for the Standard portfolios will increase from $3.50 to $4.50 for account balances of less than $20,000. For balances ...

CFOs look to hire in second half: Survey

CHLOE WALKER  |  FRIDAY, 28 JUL 2023
More than half of Australian chief financial officers have plans to hire for vacated positions in the next six months, up 44% from six months ago, according to specialist recruitment house Robert Half. The new study, conducted online in June, surveyed ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... carefully. "Compared to expectations at the end of last year, 2023 has been surprisingly positive so far, but investors need to stay alert to ongoing headwinds to prevent complacency," he warned. "Inflation has gone from an all-consuming concern to a ...