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Showing 321 - 330 of 1135 results for "Gross"

New strategic advisory lead at Willis Towers Watson

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... an investment analyst at Pengana Capital for two years. Willis Towers Watson director of investments in Australia Martin Gross said Melville has been an ambassador for the investment team. "Jessica is multi-talented having worked in a number of manager ...

ASIC to offer AFSL relief to overseas firms

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
... limit foreign financial services providers (FFSP) from earning any more than 10% of their annual aggregated consolidated gross revenue from the provision of funds management financial services in Australia. If FFSPs eclipse that amount, they will still ...

Boutique advice firms merge

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... have merged operations. Twelve Wealth has merged with Minchin Moore, effective this week. Twelve Wealth founder Cathryn Gross is now partner and principal adviser at Minchin Moore. Minchin Moore is headed up by managing partner Mark Minchin, who said ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... Australia." Compared to some funds which disclose administration fees on a net-of-tax basis, Sunsuper discloses admin fees on a gross-of-tax basis. "Unfortunately this makes some funds fees look 15% lower than they actually are, despite ASIC being clear ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... Using APRA data of industry and retail superannuation funds and their respective life insurers, Rainmaker research found the gross five-year payout ratio for NFP funds was 51%, while retail funds recorded a 41% margin. AMP Super topped the ladder, raking ...

Centuria acquires fund manager

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
... returns than traditional real estate sectors. It pointed out healthcare was one of the largest contributors to Australia's gross domestic product at 10.3%, according to the Australian Institute of Health and Welfare. Centuria chief executive John McBain ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... to Gregory Daco - Oxford Economics' chief US economist: Imposing tariffs on all U.S.-China trade would reduce global gross domestic product by 0.5 percent by 2020... if the bilateral tensions spiral into a full-blown global trade war, we would expect ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
... from China. Bloomberg reports on the consequence, writing: "Imposing tariffs on all U.S/China trade would reduce global gross domestic product by 0.5% by 2020, Oxford Economics chief U.S. economist Gregory Daco said in a research note Thursday, adding ...

Aussie blockchain investor goes global

ELIZABETH MCARTHUR  |  TUESDAY, 16 APR 2019
Australian digital assets investment firm TCM Global Asset Management (formerly Token Capital Management) is making its first international foray. TCM is chaired by former ANZ managing director of global markets, Steve Bellotti, and its chief executive ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... to half a trillion dollars in wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around $9.78 trillion. However, in September last ...