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| | | The Institute of Managed Account Professionals (IMAP) presented its annual awards overnight, shining a spotlight on some of the best in managed accounts. The awards recognised companies across nine categories, with a few standing out for their consecutive ... |
| | | | The cost of a comfortable retirement increased by about 1% last quarter, with couples aged 65 now needing $73,337 per year, and singles requiring $52,085, according to the latest data from the Association of Superannuation Funds of Australia (ASFA). ... |
| | | | Managed funds in Australia have rebounded into inflow territory for the first half of 2024, following a bearish first quarter, according to Calastone. The global funds network reported that local investors injected $3.21 billion into unlisted managed ... |
| | | | Perpetual has named its new chief executive and managing director as Rob Adams steps down. Bernard Reilly assumes the top job, having exited Australian Retirement Trust (ART) as chief executive in February 2024. He spent two years at ART where he oversaw ... |
| | | | Leadenhall Capital Partners' insurance-linked securities (ILS) product, as distributed by Bennelong Funds Management, is now available to institutional investors. The LCP Insurance Linked Securities Fund targets institutional investors in Australia ... |
| | | | Australian Retirement Trust will welcome a new chief financial officer in October. It comes as the fund also adds three new leadership positions to its investments function. Phil Fraser will take over as chief financial officer on October 1, replacing ... |
| | | | Fiducian Group has reported that its underlying net profit after tax (NPAT) has risen 17% to $17.7 million in FY24, while its statutory net profit after tax increased 22% to $15 million. Fiducian's underlying earnings per share grew 17%, from 48 ... |
| | | | Global X ETFs has appointed Chris Wolak as head of portfolio management, commencing in October. Wolak will oversee the company's ETF product line-up across equities, fixed income, commodities, and digital assets, which represents over $7.6 billion ... |
| | | | Although fundraising for APAC private debt funds has faced challenges in recent years, Preqin says the market is "ripe with opportunities." Fund managers that overcome challenges related to investor perception and risk management can succeed in the ... |
| | | | Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ... |
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