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Showing 641 - 650 of 8005 results for "Average"

Talent attraction key to family office growth: KPMG

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
... there is an increasing percentage of offices with over $1 billion in assets. Family office chief executives are paid, on average, between $396,001 to $500,000 per annum, as well as an average bonus of 21% - 31% of base salary. Chief executives of family ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... ratio of provisions to credit-risk weighted assets grew to 1.37%. Westpac also showcased robust liquidity metrics: a 138% average liquidity coverage ratio and a 118% net stable funding ratio, both exceeding regulatory minimums. "Credit quality was resilient ...

Unemployment rate rises as gender wage gap narrows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... trends can fluctuate, with periods of robust growth often followed by weaker stretches. Analysing a three-month moving average, AMP noted that job growth averaged 31,000, a decline from 2022's monthly average of 42,000. The annual employment growth rate ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... investments in Barrenjoey Capital Partners and FinClear also took a toll on its 2023 financial year performance. The group's average funds under management almost halved to $48.8 billion as outflows continued across the retail and institutional channels. ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... amid negative benchmark returns spanning November 2021 to June 2023. In contrast, its global large-cap peers reported an average FUM decline of over 11%. "We continue to believe if we react to dynamic markets in a disciplined manner, we will have the ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... for 56% of this growth, although they account for just 31% of the wealth. In the next five years, the report projects average annual wealth growth of 11.7% in low-income countries and 10.7% in middle-income countries. This is significantly above the ...

TelstraSuper enhances lifecycle arrangement, introduces new option

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... rather than 65. The aim is to improve members' retirement outcomes, potentially contributing additional funds to the average member's balance by the time they turn 70, the fund said. TelstraSuper chief investment officer Graeme Miller explained ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... Queensland for $14 million. The property is fully leased to Neta Care, a disability care provider, and boasts a weighed average lease expiry (WALE) of 9.3 years. "We are pleased to partner with Neta Care, a leading holistic disability care provider ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... product registrations were slightly down from the previous year's record number, it was 34.2% above the rolling four-year average. Managed investment products comprised the most registrations, accounting for 70.4%. This represents a 22.1% rise over the ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... the COVID-pandemic, Russia's invasion of Ukraine, and the Global Financial Crisis, Australian shares have delivered an average annual return of 9.2% over the past 30 years. Vanguard Australia head of financial adviser services Balaji Gopal said: "Vanguard's ...