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Showing 541 - 550 of 4549 results for "Holding"

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
Warren Buffett has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... drive better outcomes for members. Since the performance test was introduced in 2021, 17 underperforming MySuper products holding $75.5 billion in assets and 1.4-million-member accounts, have exited the market. These products, which demonstrated subpar ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
According to NAB's latest super insights report, funds are increasingly diversifying internationally; offshore investment allocations rose to 47.8% in 2022, up from 46.8% in the previous year. The report, which surveyed 41 funds comprising 85% of ...

Aware Super commits $10bn investment from new London base

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
At the Global Investment Summit today, Aware Super announced that it will invest a further $10 billion in the UK and Europe, managed through its newly opened London office. The $160 billion super fund, which currently has $17 billion invested in the ...

New chair named for Future Generation Global

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... experience to the role, having worked as the chief executive of the Business Council of Australia for over 12 years, as well as holding several leadership positions in the NSW and Victorian governments, and worked as a senior partner at KPMG. Since 2013 ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
Clients of LGT Crestone can now access the Princely family fund, known as the 'Princely Strategy', developed by its parent entity two decades ago. The Global Investible Markets (GIM) fund, which is worth US$18.6 billion, is only accessible to LGT Crestone ...

Private equity, venture capital outperform listed assets: Research

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
... years and represents nearly 40% of the index net asset value," the report said. "VC investments may also require a longer holding period than PE investments, given the earlier stage of company investment in VC." The report also found that Australian ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
While fears of a recession and market correction, and runaway inflation have caused small-cap stocks to underperform over the past couple of years, the opportunity for growth has never been greater, according to Flinders Investment Partners (Flinders) ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
ASIC has accepted a court enforceable undertaking from iExtend Holdings Company (iExtend) after investigating concerns that it was operating without an AFSL. The undertaking also relates to iExi Pty Ltd, which trades as iExtend. Documents show the investigation ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... SEC complaint, Kraken blends its customers' money with its own, paying operational expenses directly from accounts holding customer cash. It also allegedly mixes its customers' crypto assets with its own, creating something its own auditor had ...