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Showing 401 - 410 of 3392 results for "ABS"

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
VanEck portfolio manager Cameron McCormack forecasts a bright outlook for value companies in 2023, particularly among Australian equities. "We think value companies are likely to outperform in 2023," McCormack said. "We're entering a period that echoes ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

Funds SA chief executive to step down

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Jo Townsend will step down as chief executive of Funds SA, capping eight years in the role. Townsend said the decision was not easy and "is very much taken from a personal perspective." She will stay in the role until the board finds a suitable successor ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive quarterly rise greater than any seen since the introduction of GST in 2000. The annual ...

JANA management buys out Insignia stake

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
The management team at JANA now fully owns the asset consultant, having bought out the 45% interest owned by Insignia Financial following its acquisition of MLC. JANA and Insignia have entered into a binding share sale agreement for the former's ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... the agenda for ESG engagement this year. According to the latest data available from the Australian Bureau of Statistics (ABS), the Wage Price Index rose 1.0% in the September 2022 quarter, and 3.1% annually. The average size of hourly wage increases ...

Country head appointed at Fulcrum Asset Management

CHLOE WALKER  |  FRIDAY, 20 JAN 2023
UK-based Fulcrum Asset Management and its local distribution partner Ironbark Asset Management have appointed Angus Carson to the role of product specialist and country head, Fulcrum Australia. Carson, who is currently based in London, previously worked ...

Don't miss out on deep value US stocks: GMO

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
Otherwise known as the 'cheapest quintile', deep value stocks are the most attractive and underrepresented group within US equities today, according to GMO's asset allocation team. While value outperformed growth by a wide margin last year ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
The World Bank's Global Economic Prospects report forecasts declining global growth due to rising inflation, high interest rates and reduced investment. Fragile economic conditions have left the economy vulnerable to any new adverse developments, the ...