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Showing 51 - 60 of 3079 results for %22MAS%22

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
The quarterly Wage Price Index (WPI) jumped by 1.3% to 4% in September, beating inflation, but AMP deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
The Magnetar Relative Value Unit Trust, seeded by an unknown local institutional investor, is a feeder into a Cayman master fund managed by Magnetar Capital (Magnetar) and distributed by Mantis Funds (Mantis). Magnetar is a US-based multi-strategy alternative ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
E&P Financial Group has settled a class action relating to investment advice representatives gave for its in-house product, the Masters Residential Property Fund (URF) for $16 million. The lawsuit led by Shine Lawyers alleged that E&P's financial ...

Power50: Most influential advisers named

STAFF WRITER  |  MONDAY, 30 OCT 2023
Now in its 10 th year, the Financial Standard Power50 list showcases the most influential financial advisers in the country in 2023. Financial Standard has released its annual Power50 list, comprising a vibrant and diverse mix of familiar faces and ...

Russell Investments executes local leadership revamp

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
Russell Investments has devised a series of executive appointments to bolster the firm's expansion efforts across the APAC region. Tim Furlan, with nearly two decades of experience in senior roles at Russell Investments' Master Trust and Superannuation ...

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
AMP has appointed a former BT Financial Group executive to its ranks to lead its superannuation, master trust, and investments unit. Melinda Howes will take on the role of group executive for superannuation and investments from 29 January 2024, leading ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
The Administrative Appeals Tribunal (AAT) has nullified ASIC's ban on Dominique Grubisa, an investment guru and DG Institute founder, from participating in credit activities and financial services. In 2022, Grubisa was banned for four years after ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
The world's 40 largest life insurers face huge sustainability challenges, as a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and ...

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
Magellan Asset Management is considering overhauling the structure of one of its funds as it persistently trades below its net asset value. The closed-end Magellan Global Fund (MGF) is up for review as the board weighs up converting it into an open-end ...

Link shakes up board, names super industry veteran

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
Link Group will reduce the number of positions on its board and has appointed a superannuation industry veteran to refresh the line-up to reflect massive changes to its business model. Mark Lennon joins the ASX-listed firm as an independent non-executive ...