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Showing 651 - 660 of 4498 results for "Reach"

Alternatives to top $33tn by 2028

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
Globally, alternatives' assets under management (AUM) will reach around $33 trillion (US$24.5tn) by the conclusion of 2028, up from the estimated $22 trillion (US$16.3tn) expected at the end of 2023. According to Preqin's Future of Alternatives ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
The Irish government will establish the Future Ireland Fund to help meet costs of the future, including those posed by its ageing population, and is targeting €100 billion by the mid-2030s. Announced as part of the country's 2024 budget package, finance ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... working closely with Mercer to secure global private credit opportunities. "Our alliance with Mercer provides extensive global reach and the ability to target some of the best private credit managers," Pengana Credit chief executive Nehemiah Richardson ...

Navigator Global appoints chief executive

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... experienced individual like Stephen will help to enhance NGI's ability to execute its strategic plans and help the company reach its full potential," McGould said. "I am pleased to continue to focus my time and energy on Lighthouse, which has undergone ...

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
The Hamas-led attack in Israel has led to speculation on market impact and potential volatility, however, the primary concern remains the price of oil. Speaking to Financial Standard, Commonwealth Bank director of mining and energy commodities research ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
Disgruntled AMP shareholders are set to receive $84 million out of the $110 million class action settlement after legal fees are taken out should the court approve the proposed amount. Maurice Blackburn will take a $26 million cut of the settlement ...

Advised Aussies more financially confident: Research

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
New research finds that 75% of Australians earning $120,000 or less per annum feel financially confident with the help of a financial adviser compared to those who aren't advised. The survey of more than 1000 respondents canvassed by the Financial Planning ...

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
... wood processing mills, a seedling nursery, fibre technology laboratory, and port access via a freehold facility at Long Reach, Tasmania. "This adds further momentum to our growing private markets and forestry portfolios, as we continue to be on the lookout ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
While yet to reach a final agreement with Australian Retirement Trust (ART), Commonwealth Bank Group Super has told members they will transfer to the industry fund next month. In February, CBA Group Super announced it was exploring a merger with ART ...