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Showing 51 - 60 of 2532 results for "DECADE"

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... stress, Magellan has named Arvid Streimann as its new head of global equities. He's been with Magellan for about a decade, serving as head of macro and most recently co-portfolio manager of the Magellan Global Fund. Meanwhile, one of the group's ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... showing that the gender super gap for women in their 30s has failed to narrow compared to other age groups over the last decade, indicating that the loss of super during childcare is a significant contributing factor to the problem." Secondly, increasing ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... fund selectors are fine-tuning strategies with tactical adjustments within asset classes. The survey also highlighted a decade-long effort by wealth managers to balance active and passive investments, with a current allocation of 64% to active and 36% ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... before the GFC in 2008. This has raised our expected returns for global bonds to 4.5% to 5.5% annualised over the next decade, almost 3% higher than before the rate hiking cycle began," Wang said. Wang expects global equities to return 5.1% to 7.1% annualised ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
... manager research for retail distribution. Following a 10-year stint at the Swiss investment banker, Penprase spent the next decade as an assistant vice president with Partners Group and director of institutional sales with Robeco. Oaktree declined to ...

PGIM names institutional client group lead

ELIZABETH FRY  |  FRIDAY, 2 FEB 2024
PGIM has finally filled the institutional client-facing position left vacant by Murray Brewer last August. The US$1.2 trillion asset management business of Prudential Financial has chosen Chris Briant to be the new head of its institutional client group ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
The family who rescued Darrell Lea from voluntary administration more than a decade ago has now saved iconic dessert brand, Sara Lee. Sara Lee's administrators at FTI Consulting announced on Monday that the company, which went into voluntary administration ...

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... former Merricks colleague Les Finemore was an easy one, given the group's strong agriculture sector experience and multi-decade track record. "Les has been running his own hedge fund since leaving Merricks, and Alistair started an agtech VC fund," Davis ...

Vale Lang Walker

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... King Street Wharf, Hope Island Resort, Collins Square and Parramatta Square," Gallant said. He added that over the past decade, Walker worked to ensure the company's $36 billion project pipeline will be in good hands, with a smooth transition to ...