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Showing 341 - 350 of 3730 results for "Though"

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
To better understand global investor expectations and practices, Deloitte, in partnership with a global marketing agency, developed a report from a survey of 2000 investors and 250 wealth management providers. The report provided several calls to action ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... traditional industries," Mercer said. Conversely, Australian direct property declined 7.2% in 2023 because of valuation lags, though this drop was said to be relatively moderate. Interestingly, this asset class was the best performer in 2022, being the ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown. UniSuper's systems, including its app, have been down for about a week now, with members ...

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
Blue Owl Capital's hire of a top executive from the Future Fund has generated more interest in US firms vying for institutional business in Australia. Australia's sovereign wealth fund has confirmed the departure of deputy chief investment officer ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
Australians believe they need $1.6 million to be financially comfortable in retirement, a new survey from Colonial First State (CFS) finds, but they cannot agree on what living comfortably looks like. This is well above Association of Superannuation ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
US Federal Reserve chair Jerome Powell has changed his tune over the possibility of upcoming interest rate cuts, which means it could be an even longer wait here in Australia. Powell said recent US inflation data had not given policymakers enough confidence ...

Vale Wayne McGauley

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
The financial services industry has paid tribute to Wayne McGauley who passed away over the weekend. Most recently the head of distribution at Wheelhouse Partners, McGauley had a long and successful career in the financial services industry spanning ...

Global X adds new AI ETF

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Global X has launched a new AI ETF, the Global X Artificial Intelligence ETF (ASX: GXAI) on the ASX today. GXAI, which tracks the Indxx Artificial Intelligence & Big Data Index, focuses specifically on investing in companies along the AI value chain ...

Foreign investors optimistic about Australia

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Foreign investors are feeling particularly optimistic about Australia, according to Kearney's Global Business Policy Council's 2024 Foreign Direct Investment Confidence Index (FDICI). The survey, which reflects investor sentiment regarding foreign direct ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... to borrowers. Institutional investors such as pension funds and insurance companies have eagerly invested in funds that, though illiquid, offered higher returns and less volatility." The IMF said that while private corporate credit has created significant ...