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| | | ... competitive environments are difficult and that this affects us, our clients and our peers. It has been a difficult year so far at Platinum." "We have seen net outflows, declines in revenue and our investment performance is not where we would like it ... |
| | | | Large-cap active equity fund managers turned in their second-worst year of underperformance as 77% failed to beat their benchmark, the latest SPIVA study shows. Aussie large-cap managers suffered their worst-performing period in 2023 - not since 2018 ... |
| | | | ... "These are the devastating consequences of schemes that break super's preservation rules," she said. "People are left with far less money at retirement, and the next generation - our children and grandchildren - will have to pay higher taxes to pick ... |
| | | | ... retirement income stream solutions, Rainmaker Information, supported by Plan for Life research, found the products are currently far too expensive to do so. The analysis found that a 25-year fixed term CPI-indexed annuity paying a retirement income stream ... |
| | | | Pallas Capital (Pallas) has established a new lending facility with funds managed by NYSE-listed alternatives firm Ares Management. The fund, dubbed Pallas Funding Trust No. 2 (PFT), has a total funding of $500 million approved by its funding partners. ... |
| | | | ... validation that we have something that's desirable and something that is very, very competitive." The success seen so far bodes well for Vanguard's newly launched pension products, comprising an account-based pension, SpendSmart, and a transition ... |
| | | | Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing ... |
| | | | ... The WGEA uses the 'median' as opposed to the 'average' to give an idea of the most likely occurrence. It so far does not include the remuneration of chief executives. In determining gender pay gap, the WGEA says: "Gender pay gaps are ... |
| | | | ... Jessica Gao said: "This global growth is not yet rapid, and pension assets remain behind their pre-2022 position, but it is far better than the experience a year before. Inflation has moderated, and as a result financial markets have remained supported ... |
| | | | ... are neither more emotionally stable nor better taught than when I was in school. For whatever reasons, markets now exhibit far more casino-like behaviour than they did when I was young," Buffet said. "The casino now resides in many homes and daily tempts ... |
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