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Showing 4271 - 4280 of 29064 results for "PRI"

Aware Super provides details on growth strategy

ANDREW MCKEAN  |  MONDAY, 13 MAR 2023
The superannuation giant has confirmed it will restructure its team into two distinct groups in support of its broader plans for global expansion. Following on from the appointment of Damien Webb as head of international, Aware Super has said it plans ...

Morningstar launches managed accounts portfolios

KARREN VERGARA  |  MONDAY, 13 MAR 2023
Morningstar has launched six managed accounts products that aim to help financial advisers achieve their clients' investment objectives. The Medalist Core Portfolios use both active and passive investment strategies across managed funds and exchange-traded ...

QIC files plans for $750m sustainable development

ANDREW MCKEAN  |  MONDAY, 13 MAR 2023
QIC has filed plans for a $750 million sustainable development in Brisbane, a mixed-use precinct opposite the Albert Street Cross River Rail station. The proposed 40-story building at 101 Albert Street that combines commuter amenities and services ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
APRA will maintain four life insurance prudential standards following a brief consultation period. The prudential regulator flagged it was relatively satisfied with four prudential standards - Prudential Standard LPS 100 Solvency Standard; Prudential ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
First Super has appointed IFM Investors to manage a new indexed international equities strategy with a focus on governance and labour rights. The new strategy is designed to provide exposure to a diversified portfolio of global (ex-Australia) publicly ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
Inflation is eroding retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
Interest rates may well be higher than previously anticipated following stronger economic data, said Federal Reserve chair Jerome Powell before the House Financial Services Committee. Providing testimony yesterday, Powell explained the Fed will continue ...

US fund manager sets up Sydney shop

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
A US private markets firm has established an Australian office, targeting institutional investors, private wealth, and high-net-worth investors. Chicago-based Adams Street has opened an office in Sydney's Quay Quarter Tower, marking its 13 th office ...

Unpopular funds garner higher returns: Research

CHLOE WALKER  |  THURSDAY, 9 MAR 2023
According to a recent Rainmaker study, investors in international equities are making more money when they invest in products that are in net outflows. The analysis saw Rainmaker compare returns achieved by international equities products, calculated ...