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Showing 331 - 340 of 4518 results for "new zealand"

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
New Zealand's sovereign wealth fund, NZ Super Fund, posted a herculean return of 14.94% this past financial year, trouncing its peers, according to data provider Global SWF. The fund outperformed its Treasury Bills benchmark - a measure based on the ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... decisions amid market volatility and economic uncertainty, Russell Investments head of distribution in Australia and New Zealand Neil Rogan said. This included encouraging clients to remain disciplined and reweight portfolios as global share markets ...

Zurich appoints chief risk officer

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... Australia has announced the appointment of David Wainwright to the position of chief risk officer for Australia and New Zealand. Wainwright has close to 25 years' experience in financial services and joins from Zurich in the United Kingdom where he is ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... control over $29 billion in assets and serve 170,000 members. J.P. Morgan head of securities services for Australia and New Zealand Nadia Schiavon said the company is excited to partner with Vision Super and its 85,000 members as they look to merge with ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... property revenue and statutory profit of $404 million. It operates 42 Westfield shopping centres across the nation and New Zealand. About six million shoppers visited the centres, 2% more than this time last year. Scentre Group has a $4 billion pipeline ...

Managed funds bounce back after bearish Q1: Calastone

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... economic uncertainties, likely magnified by higher local costs of living," Calastone managing director for Australia and New Zealand Marsha Lee said. Lee said away from fixed income, however, net flows have remained relatively muted as perceivably riskier ...

Bennelong, Leadenhall launch ILS fund

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... institutional investors. The LCP Insurance Linked Securities Fund targets institutional investors in Australia and New Zealand. The firms announced last year they were working on a product tailored for the local market. The fund invests in catastrophe ...

Principal AM hires from BlackRock

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
... leading strategic initiatives to drive business growth. Principal managing director and country head of Australia and New Zealand Helen de Mestre welcomed Dunn's appointment. "Stuart's deep expertise and proven leadership in the wholesale market make ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... relation to superannuation products, two related to financial advice as well as a class action which commenced in New Zealand. "The board continues to monitor each of these proceedings and investigations," CBA said. "The group also continues to engage ...