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Showing 11 - 20 of 551 results for "Discretionary"

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... it effectively attacks the household sector, so people need to pay more for fuel and therefore it reduces their discretionary spending. That can mean the economy slows faster." Looking at it from a national economic perspective, Dhar explained that it ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... the economy will remain a key risk for business profitability and debt servicing. Businesses that are exposed to discretionary consumer spending or that cannot reduce costs quickly when revenues fall will likely face significant declines in profits. ...

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
... financial services company that offers securities dealing, wealth and funds management, invested in the SSCF via the discretionary fund, the Asian Wealth Fund (AWF). AWF chief investment officer Jesse Aarnio said SSCF provides an attractive return profile ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... absorb losses during a period of severe stress and explained in such circumstances, a bank could decline to pay discretionary coupons to hybrid investors, convert the instruments to equity or write them off. However, it said there are currently certain ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
... often managing more specialised strategies such as single-country emerging markets or those focused on consumer discretionary stocks. It was also highlighted that women typically oversee smaller funds, managing an average of $396 million in assets, while ...

Colonial First State previews new MA offering

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... the ability to hold a separately managed account (SMA) inside other portfolio types such as another SMA, managed discretionary account, or model portfolio. "The Accelerate Series will deliver a full-service solution designed to be suitable for a wide ...

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Six months after the sale was announced, LGT has officially taken on abrdn's discretionary funds management business in the UK and Jersey in exchange for about $275 million. Under the deal, originally reached in February, LGT Wealth Management has absorbed ...

Managed accounts FUM hits $162bn

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... managed accounts (SMA) comprise the bulk of the FUM at $94.9 billion, growing a whopping 34% year on year. Managed discretionary accounts (MDA) assets stood at $50.9 billion, remaining flat compared to the prior period. Funds under management grew 10% ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... demand for artificial intelligence solutions after a sluggish 2022. Technology stocks returned 38.6% while consumer discretionary returned 20.7%. Industrials were the third-strongest performer at 15%. The worst equities returns came from energy (0.4%) ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... invests in commercial real estate landscape, particularly in convenience retail, as well as other assets with a non-discretionary focus, such as fuel service stations. Some 88% of income DXC's is derived from major fuel tenants. Jason Weate, fund ...