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Showing 481 - 490 of 5395 results for "Third"

IMAP names award winners for 2024

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
... Boutique Licensee Managed Account category, introduced just last year. DNR Capital won the Australian Equities award for the third consecutive year, while Accordius and Aoris Investment Management snatched the titles for Australian Equity Small Caps ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... from QSuper 13 years ago and earlier worked at the Reserve Bank of Australia as an economist and portfolio analyst. The third new leader, Zoe McHugh, joined Sunsuper just before it merged with QSuper to create ART. McHugh recently served as acting head ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... initiatives. Meanwhile, it highlighted cost efficiencies from the completed migration of Bell Potter Securities clients to a third-party platform's clearing system, resulting in over $2 million in annual savings. Funds under advice grew at an 8.1% compound ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... the peak of 51 closed in 2021. The capital raised by these funds fell from $7.8 billion in 2022 to $5 billion in 2023, a third of the $15.1 billion raised in 2021. "Part of the reason for this decline may stem from investor caution regarding the relative ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... committed to acting in the best interests of members, affirming that "our directors meet the requisite standards" and all third-party payments are made on commercial terms, aimed at maximising value for members. "We don't waste members' money ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... of an instance where a person known to the member used their personal information to take money, while in other cases a third party had acquired their identification details in another way. "Sometimes fraud was committed by an adviser engaged by the ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
... moments, the report said. "We have an advice accessibility crisis in this country. In the past three months alone, almost a third of Australians considered seeking financial advice on life insurance, but just 8% actually received it," Cupitt said.

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... the first time. Ocorian also said that almost half (46%) of family offices had secured the support of more professional third parties, while 45% have bolstered the management teams running their operations. Additionally, many family offices (41%) reported ...

Cbus taps ex-AustralianSuper equities chief for 'critical role'

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... that this investment option returned 8.8% in the year to May, slightly above its long-term average, but it ranked in the third quartile among comparable products. However, over a 10-year period, that investment option has excelled, delivering a 7.6% ...

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
... co-head of Australia real estate Ruban Kaneshamoorthy said: "Education is Australia's fourth biggest export. We have the third-highest number of enrolled international students globally but limited high-quality purpose-built student accommodation in ...