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Showing 11 - 20 of 7542 results for "Average"

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... according to the latest UBS Global Family Office Report. The report, which compiled insights from 320 family offices with an average net worth of US$2.6 billion and covering over US$600 billion in wealth, said this trend comes amid a widening gap in ...

Financial services workers eye earlier retirement

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
Men and women who work in financial services intend to retire earlier compared to the average worker, new data from the Australian Bureau of Statistics (ABS) reveals. Men who work in the finance and insurance industries intend to retire at 64 years ...

PrimaryMarkets launches new financial adviser channel

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... settlements. PrimaryMarkets reported that over $173 million in order value has been processed through the platform, with an average order size of $63,000.

Private markets demand cools: bfinance

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... estate and private debt recorded the most significant quarterly reductions in capital raising of 40% respectively below the average. Private equity declined by about 20%, while infrastructure grew by 4%. Infrastructure, which reached a total of US$100 ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... can draw on to fund their spending. "When you look at wealth and income together, older Australians are doing better on average than younger Australians," de Fontenay said. The report examined gender differences in income and wealth. It found that women ...

Price dislocations pave way for active managers

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
The current market is ripe for active equity fund management skills to shine given the price dislocations, and most notably in regions outside of the US, according to J.P. Morgan Asset Management. Every time the spread widens out between the most expensive ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... and reprioritisations in the Budget and $77.4 billion since the election. "We're limiting real spending growth to an average on 1.4% per year since we came to government, less than half the average of the last 30 years and around a third of the growth ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000. Treasurer Jim Chalmers said the average benefit would be around $1888 a year, or $36 a week. "Our new tax cuts for middle Australia are the biggest part of the cost ...

Billionaire quant investing legend Jim Simons dies

ANDREW MCKEAN  |  MONDAY, 13 MAY 2024
... renamed Renaissance Technologies. The firm's flagship Medallion fund, closed to outside investors since 1993, achieved an average annual return over 62% before fees and 39% after fees from 1988 to 2021, with only one losing year in 1989. To illustrate ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... first dollar." Industry modelling found the change could have a positive financial impact on young Australians, with the average under-18-year-old potentially boosting their age-67 retirement balance by over $10,000 in today's dollars. "This change will ...