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Showing 471 - 480 of 5160 results for "Early"

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... persistently high switching intentions among self-directed members highlight the opportunity for super funds to build trust early and demonstrate consistent performance over time," Sevestre said. "They can proactively combat churn and enhance member ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... the end of March. There are now only seven active corporate super funds on APRA's register. TesltraSuper flagging in early May that it is mulling merger avenues is another nail in the coffin for the corporate super fund sector. The $26 billion super ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... with plans to launch it as a unit trust. An infrastructure fund that's been successful in other regions will follow by early 2025, they confirmed. Brookfield Oaktree Wealth Solutions managing director Jeremy Hall told Financial Standard that its ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... fund manager's local and global operations have undergone numerous upheavals in recent years under Bird's remit. Early this year, Bird announced he will cut 10% of the workforce to save $290 million (£150m) by the end of 2025. Last year, abrdn ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... foundations, families, and high-net-worth individuals has been positive, so much so that GSFM is planning for a fund launch as early as Q3 2024. EQMC is managed by a multi-disciplinary 14-member investment team spearheaded by Alantra Asset Management ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... test thresholds, AIC members said this could lead to a 10% to 50% reduction in investors particularly at the start-up and early-stage levels. "For VC funds in particular, large portions of their investors would be unable to continue to invest, to the ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... spending data signalling ongoing weakness." The RBA minutes said while some believed inflation would come down, it was too early to say it would be a given without waiting for more data. "Judgements underpinning the staff forecasts risked being overly ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... pushed back. In a joint statement, the super funds announced that their merger to form TEAM Super has been rescheduled from early 2024 to early 2025. They did not offer an explanation for the delay. Nevertheless, Mine Super chair Christina Langby and ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... unprecedented decline in income inequality. The incomes of lower-income households grew rapidly in relative terms in the early stages of the pandemic, due to the massive increase in support payments from the government," Productivity Commission commissioner ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... estimated that BitConnect had a market capitalisation of over US$2.5 billion at the end of 2017. The scheme collapsed in early 2018.