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Showing 461 - 470 of 2373 results for "Majority"

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... environment created by the pandemic." Over a 10-year period it returned 10.1% p.a. against its target of 6.1% p.a. The majority of the fund's assets is allocated to equities - domestic (8.5%) and global (18.2%). Its next largest holdings are in private ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
... implementation of the Nasdaq equity market trading system that went live on 16 November 2020 found that the ASX met the majority (58 out of 75) of the capabilities required for the project to be successful. Some of the shortcomings found were in the ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... predecessor fund, APRA will use the product with the same trustee and/or product design [such as investment strategy], and with majority of the members. It also warned funds to not sneak in returns from other super products into MySuper returns while ...

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... providers. This is according to a survey by Stake and Next Gen Investor Research, which canvassed more than 1000 investors. A majority (75%) of super fund members are open to moving their super to a more innovative fund, while a quarter (24%) said they ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... local talent pool. The contract market has been challenging, as typically we would rely on offshore candidates to fill majority of these positions."

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Clime Investment Management executive Neil Schafer has been removed from the company by an overwhelming majority of votes. At the extraordinary general meeting on August 6, about 95% or 37.54 million shareholders voted in favour of removing Schafer ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... the corporate regulator did not identify significant failures among the 24 super funds reviewed, it did find that the majority need to improve how they communicate to members and have better outcomes at the annual meetings. After examining themes from ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... acquisition in May, paying about $414 million for 52-year-old Virginia-based manager which was owned by management and majority shareholder BrightSphere Investment Group. TSW had about US$23.6 billion in funds under management and generated operating ...

Institutional Shareholder Services to acquire Rainmaker Information

MICHELLE BALTAZAR  |  THURSDAY, 22 JUL 2021
... addition to our suite of offerings and provide material value to our clients," said Ben Doob, head of ISS MI. ISS is majority-owned by Deutsche Börse Group, along with Genstar Capital and ISS management. It has 2200 employees worldwide across more ...

Eliminating debt prioritised over pension contributions

KARREN VERGARA  |  MONDAY, 19 JUL 2021
... 65% of employees haven't been able to contribute to their retirement savings because of other financial priorities. The majority of the 1281 participants said they would rather pay off debt (41%) while over a quarter (28%) said they did not earn enough ...