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Showing 351 - 360 of 5652 results for "EARN"

MetLife to acquire PineBridge Investments

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
MetLife Investment Management, the US$603 billion asset management arm of insurance giant MetLife, is set to acquire PineBridge Investments from Pacific Century Group in a deal valued up to US$1.2 billion. The deal comprises US$800 million in cash at ...

Boutique global asset management firms' investment outlook

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
Global senior executives from boutique asset management firms see a proliferation of risks - and investment opportunities in 2025. Members of the Group of Boutique Asset Managers (GBAM) have spotted concentration risks in the US, geopolitical risks ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
Mergers, corporate fund closures and executive moves were the major motifs for Financial Standard readers this year. Unsurprisingly, further consolidation in the superannuation sector was a major driver of audience interest this year with a number of ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
The government has announced an additional allocation of $401 million over four years to help implement payday super, due to begin 1 July 2026 - requiring employers to pay their employees' superannuation entitlements at the same time as wages. Advocacy ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
TCorp's investments delivered 7% while its assets under management (AUM) grew 3% to $109.7 billion in the 2024 financial year, its recently published annual report shows. The New South Wales investment manager boasted $139.8 million in net profit ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
The Financial Services and Credit Panel (FSCP) reprimanded two financial advisers who each failed to provide a thorough assessment of their clients' tax liabilities. The first financial adviser, identified as only "Mr. C", was reprimanded for recommending ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Hostplus published its inaugural Service Standards Report, aimed at improving transparency and accountability, with hopes other funds will follow suit. Hostplus chief executive David Elia said the report provides a comprehensive view of the volume ...

Renewable infrastructure opportunities for HNWIs

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
Australian Ethical's new head of private markets Adam Roberts thinks private wealth investors should forget the ASX, saying the best opportunities to capitalise on the energy transition are in private markets. Roberts told FS Private Wealth that ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
Iress has reaffirmed its FY24 guidance of $126 million to $132 million adjusted EBITDA and said it expects it will achieve full-year earnings towards the top end of the range. Iress chief executive and managing director Marcus Price said the company ...

Bennelong refreshes board

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Bennelong Funds Management has welcomed a new chair following the retirement of Lincoln McMahon at the end of December. Lincoln McMahon will be succeeded by Campbell Fleming who brings over 35 years of experience in asset management and financial services ...