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Showing 621 - 630 of 8418 results for "Big"

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
Norway's sovereign wealth fund has reversed its fortunes, clocking a 16.1% return for 2023 following the -14% it recorded the previous year. Norges Bank Investment Management reported the Government Pension Fund Global raked in a return of $322 billion ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... merit-based variables such as education, years of experience, function, industry etc. "Regarding the adjusted pay gap, one of the big issues holding us back from making more progress is that there's a perception that there isn't an adjusted pay ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
While there is a range of digital innovation opportunities suited for different types of funds, Northern Trust says tokenisation is a key innovation the funds management industry must embrace. In a recent whitepaper, titled The future of funds, Northern ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... satisfaction surveys. With a profit-for-purpose social enterprise model, Bendigo has enjoyed a better reputation than its Big Four peers because of its culture of putting customers first. For three years, Rix has been on the judging panel for the CX ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... pointed to several structural factors that could be inflection points, such as higher neutral interest rates, because of a big budget deficit in the US, and retiring baby boomers depleting their savings. He also cited more involved regulators and growing ...

Distribution salaries tipped to rise: Insights

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... product analysts, who could take home as much as $150,000. Meanwhile, Robert Walters expects investment specialists to see a big jump in pay this year, with the salary range jumping from $140,000 - $200,000 to $200,000 - $250,000. With all that in mind ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
The local ETF industry ended 2023 at an all-time high, with a total industry market capitalisation of $177.5 billion, setting it up to exceed $200 billion this year. According to Betashares' latest Australian ETF Review, the industry saw 33% growth ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... 2-5% on multi-millionaires and billionaires locally. The government should also introduce a permanent windfall profits tax on big corporations, it said. Fossil fuel subsidies should also be ended, it suggested.

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... intention to wind down custodial operations last November, wrapping up a 16-year custodial partnership with Prime Super. The big four bank decided to close its Asset Servicing business by 2025 following a strategic review and mandate losses. "Prime Super's ...