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| | | ... followed suite, delivering a 10.7% return, while UniSuper reported a 10.3% return. Australian Retirement Trust (ART) wasn't far behind, reporting a 10% return for its balanced option. HESTA reported a return of 9.59% and Cbus announced an 8.95% return. ... |
| | | | Financial advisers have 14.5 years of professional advice experience on a median basis, but very few have more than 20, a Rainmaker analysis shows. Rainmaker's June 2023 Financial adviser report based on ASIC's Financial Adviser Register found that ... |
| | | | ... such as iron ore and copper, so its future looks bright. Furthermore, unlike the tech darlings, BHP's valuation looks far from stretched," Pearce said. In terms of the poor performers among the stocks UniSuper has more than $1 billion in, the ASX ... |
| | | | ... university partners in Australia and New Zealand, alongside select opportunities from IP Group's global portfolio, it added. So far, the fund has invested in several companies including Hysata, a firm developing a new type of highly efficient hydrogen ... |
| | | | Financial advice firms AMP Financial Planning, Synchron, and Charter farewelled the largest number of advisers, dragging down the total population to 15,708 from 16,415 at the end of the 2023 financial year. Rainmaker analysis of ASIC's Financial Adviser ... |
| | | | ... Vanguard ($1.5 billion) and iShares ($1.1 billion). The top three issuers accounted for around 92% of ETF industry flows so far in 2023. Meanwhile, fixed income has been the most popular asset class with investors, receiving $2.5 billion in net inflows. ... |
| | | | ... (4.8%) comprised the top five sectors. The financial and insurance services sectors neared the bottom of the list at 2.3%, not far behind accommodation and food services at 0.5% and retail trade at 0.1%. The mining industry (-2.8%) experienced the steepest ... |
| | | | ... said. "As part of the emerging market story, China's economic recovery from zero-Covid may have disappointed everyone so far, but investors are hoping the government will step in with renewed stimulus to spur the economy back to life." |
| | | | ... very, very concerned about how many we've lost, and we know that we need more great financial planners. Demand is, so far, in excess of supply right now," she said. Perhaps the single greatest challenge facing the industry, Braithwaite said, is in ... |
| | | | The chief executive of online trading platform Selfwealth has left the ASX-listed firm with "immediate effect". Cath Whitaker vacated the top job she assumed in April 2021. Paul Cullinan, currently the interim chief financial officer, will assume the ... |
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