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Showing 4851 - 4860 of 29064 results for "PRI"

What's missing for advisers: Atchison Consultants

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
According to Atchison Consultants principal Kevin Toohey, financial advisers have a unique challenge in applying a passive, broad-based approach to constructing the defensive part of a client's portfolio. Referring to the composition of the Bloomberg ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
HESTA has joined calls for superannuation to be paid on Commonwealth Paid Parental Leave entitlements, saying modelling shows it could see a mother of two retire with $14,000 more in her account. The super fund has joined a coalition of 18 organisations ...

Clime, Marcus Today form strategic alliance

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
Clime Investment Management has entered a strategic alliance with Marcus Today to manage the latter's $70 million managed accounts portfolio. Under the deal, Clime will manage Marcus Today's managed accounts portfolios under the Ralton Asset ...

NGS Super bolsters investment team

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
NGS Super has made two new hires to strengthen its capabilities in international and Australian equities, as the fund works toward a carbon-neutral investment portfolio by 2030. Susan Ding has been appointed as a senior manager of international shares ...

AustralianSuper grows New York team

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
As it looks to increase its exposure to US markets, AustralianSuper has made a raft of appointments to its New York based investment team and relocated its head of private equity. The $260 billion fund recently relocated its head of private equity Terry ...

Transurban names new chair

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Transurban has named Craig Drummond as its chair, replacing Lindsay Maxsted who will retire this year. The current non-executive director will replace Maxsted following the annual general meeting in October. Drummond joined the board in 2021 and has ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...

MLC Asset Management grows managed accounts offering

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
MLC Asset Management expanded its range of managed account strategies to include conservative and high-growth options. The company said the expansion is in response to market demand from advisers for more transparent, diversified solutions for clients. ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Treasurer Jim Chalmers and employment minister Tony Burke said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June ...

Norwegian wealth fund records $250bn loss

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2022
Norges Bank Investment Management announced the Government Pension Fund Global lost 1.68 trillion Norwegian krone, which is the equivalent of almost $250 billion AUD in the first half of this year, largely driven by equity returns, primarily technology ...