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Showing 11 - 20 of 115 results for "Sweden"

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... the confluence of rising asset prices and currency appreciation proved to be the opposite. Over the period, Belgium and Sweden gained more than $66,290 (US$50,000), while Germany, the Netherlands and the US acquired an extra $53,000 (US$40,000) in wealth ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
... doors, blaming a difficult investing environment, COVID-19, substantial outflows and weak performance. IPM was founded in Sweden in 1998, attracting institutional investors like pension funds, life insurance companies and foundations from the US, Europe ...

Pandemic boosts financial sector's engagement

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... promotions was a disappointment for many finance workers. Across the globe, ADP found that employees from Israel, Netherlands, Sweden, Taiwan and South Korea are the least resilient in facing their new work environment, meaning they had low levels of ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... averaged 0.90% for the same period, US Public Sector retirement funds charged 0.55%, UK's Nest charged 0.51% while Sweden AP National Funds charged 0.15%. On the brighter side, nearly 164 superannuation products (choice as well as MySuper) available ...

Xero makes Swedish acquisition

ELIZA BAVIN  |  WEDNESDAY, 24 MAR 2021
Xero has acquired a Sweden-based e-invoicing technology provider for around $23 million. Tickstar is an e-invoicing infrastructure business that allows organisations such as Xero and its customers connect to a global e-invoicing network. Xero said the ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... will pack a punch. As per IMF 2020 nominal GDP estimates, this is equivalent to the total national output of Australia and Sweden combined with the island country of Tuvalu as spare change. To be sure, recent headlines report that POTUS is determined ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
Global banks have paid out around US$10.5 billion in fines so far this year, with Westpac taking out third place thanks to the AUSTRAC scandal. The research, provided by Finbold, listed the top 10 biggest fines paid by global banks with US institutions ...

AMP Capital buys digital infrastructure firm

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... the way to further grow the company's pan-European fibre operator strategy," he said. VX Fiber's network runs from Umea, Sweden, and operates in South Africa and the UK. It has a partnership with local council Grosvenor Estate, near London, to operate ...

AMP Capital sells clean energy company

KARREN VERGARA  |  MONDAY, 21 SEP 2020
... 100% equity stake from previous owner EQT Infrastructure. Adven provides energy infrastructure for businesses in Finland, Sweden and Estonia. Some of its services included district heat solutions, regulated gas distribution and the supply of geothermal ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... economic damage and relatively fewer lives lost than most nations, including the US, the UK and most of Europe, including Sweden, which has taken a different path than many others," Underwood said. "Australia's fight against the virus hasn't ...