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Showing 431 - 440 of 3659 results for "Maintain"

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... the CFMEU could appoint non-union members or individuals with relevant expertise to temporarily mitigate scrutiny and maintain fund integrity. This approach could help ease tensions and ensure compliance with regulatory standards while broader issues ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... business," the regulator said. It added that the bans are part of ongoing work to ensure that officers of AFS licensees maintain high standards of judgment, diligence, and professionalism in discharging their duties and responsibilities.

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
Equip Super has revealed its Balanced Growth option achieved a return of 9.23%, and its Growth Plus option delivered 12.12%. Equip Super chief investment officer Andrew Howard said despite a challenging global backdrop, rising interest rates and ongoing ...

Betashares launches new currency hedged ETF

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... ETF (ASX: QUS). QUS has amassed over $380 million in funds under management (FUM), appealing to investors looking to maintain exposure to a broad portfolio of US shares without being heavily exposed to a small number of 'mega cap' companies. ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... suggests that the central bank's stringent monetary policies are yielding results. As inflation cools, the urgency to maintain high interest rates diminishes, making a case for cuts to stimulate economic growth." Green added that beyond CPI, other economic ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... business is equipped with the necessary resources, expertise and strategic oversight to achieve their objectives and maintain robust operational standards." Insignia Financial said the changes are being made "to drive growth and provide clearer lines ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... act as the fund's responsible entity, overseeing its operation and management. "There's no guarantee that Bitcoin will maintain any long-term value or use," the PDS issued by K2 warned. Meanwhile, 3iQ will help DigitalX to promote and distribute the ...

Advisers encouraged to embrace AI

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
The Investment Trends Adviser Technology Needs Report found financial advisers are showing a strong demand for better technology integration as they look to consolidate their tech stacks. Interestingly, the survey found the adoption of artificial intelligence ...

World's largest pension fund returns 22.67%

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
Japan's $2.27 trillion Government Pension Investment Fund (GPIF) reported a 22.67% return for the fiscal year ending 2023. This performance was driven primarily by domestic equities, which yielded 41.41% return, and foreign equities, which returned ...