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Showing 511 - 520 of 3727 results for "Seven"

UBS outlines new operating model, leadership

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... to ensure that UBS Group has effective oversight, UBS added. The combined firm will operate with five business divisions, seven functions and four regions, and each will be represented by a group executive board member, all of whom will report to UBS ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... "mega-funds" - super funds with $100 billion or more in assets - as a testament to industry funds' success. As of 2022, there are seven mega-funds, which account for 58% of non-SMSF super industry assets, made up of three industry funds, one public sector ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... resulted in 12 issuers amending 18 target market determinations (TMD) to address the deficiencies and five issuers withdrawing seven products. The regulator undertook its initial, risk-based review of how investment product issuers met DDO obligations ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... retirement and drastically curb Australia's "unpaid super scourge" which has cost workers $33 billion over the last seven years. ISA analysis also indicates that payday super will benefit over one million lower paid and younger women who are disproportionately ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... health analysis and longevity optimiser (HALO), will integrate into Lumiant's platform. Heather Holmes founded Genivity seven years ago and launched in the financial services sector in 2018. She will now become Lumiant's chief evangelist officer ...

High returns flow from water rights

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... achieve a 10% per annum return net of fees through the cycle, and we recommend that people consider this over a five- to seven-year horizon, given climate cycles in Australia." Waters believes investing in a portfolio of Australian water entitlements ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... US$2.4 billion for entrepreneurs. "The study shows that the average duration of search fund investment is between five and seven years and the average internal rate of return on that investment is around 35.3%," Seligman explains. Outside of monetary ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
The Clean Energy Finance Corporation (CEFC) has committed up to $80 million in a private equity fund that will invest in a range of mid-market companies while driving decarbonisation at the same time. CEFC will invest in Crescent Capital Partners (Crescent)'s ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
... report, providing insights on key economic developments and implications for investment markets. Mousina - who joined AMP seven years ago - worked as a senior economist before being promoted to the role of Oliver's deputy. She began her career at ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... financial planning. Equipsuper led with eight AAA-rated products each. Commonwealth Superannuation Corporation followed with seven AAA-rated products, while Prime Super and Hostplus have six AAA-rated products. Meanwhile, Aware Super, Commonwealth Superannuation ...