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Showing 3611 - 3620 of 28255 results for "NOT"

NGS Super continues leadership shake-up

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
NGS Super has appointed its first deputy chief executive and a new chief risk officer, following the appointment of chief executive Natalie Previtera. Current chief strategy officer Ben Facer will assume the newly created deputy chief executive role ...

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... (FUM) and said the June outflows included about $162 million from the Platinum Trust Funds. It further explained the losses do not include the impact of the distribution to unit holders of $566 million or the distribution re-investment of $156 million. ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... clients compared with the industry average of 457, generated profit margins of more than 60% compared to the average of 27%. Not all practices use technology to complete the paperwork. Only 77% and 66% respectively would rely on software to generate ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... to stimulate investment by using the nation's £2.5 trillion pension market. Hunt said UK institutional investors are not investing as much in local high-growth companies as their international counterparts and said under the reforms, UK pension ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... (4.8%) comprised the top five sectors. The financial and insurance services sectors neared the bottom of the list at 2.3%, not far behind accommodation and food services at 0.5% and retail trade at 0.1%. The mining industry (-2.8%) experienced the steepest ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
The US Federal Reserve has proposed a regulatory overhaul in which the nation's largest banks would be forced to hold more capital in hopes future meltdowns in the sector can be prevented. Federal vice chair for supervision Michael Barr outlined ...

Equity managed funds in record outflows: Calastone

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... market funds bucked the trend, reporting net flows of $4 million, while fixed income funds raked in $582 million. While this is not a record for fixed interest, Calastone managing director for Australia and New Zealand Teresa Walker said, it stands in ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... and the law needs to be modernised." "Locking thousands of teen workers out of our world class retirement savings system is not giving them the super start to work they deserve. How can we explain that young workers don't get super while an older colleague ...

GQG hits US$104bn in FUM

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
GQG Partners has recorded a substantial increase in its funds under management (FUM), rising from US$86.7 billion in June 2022 to US$104.1 billion in June 2023. The asset manager attributed this robust growth to its long-term investment performance ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... other costs. Challenger was originally set to receive $41.8 million. However, when a major unnamed client decided it would not transfer to the new owners, the price tag dropped to $37.7 million. Incidentally, Abu Dhabi Investment Council (ADIC) became ...