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Showing 691 - 700 of 7220 results for "Record"

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... ASIC found Oey acted improperly and failed to meet his obligations as a director and officer when displayed a poor track record in the financial management of both Clickthru and O'Corp Media, including failing to meet tax requirements. It also found ...

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... universal appetite for AI adoption together with our high strategic allocation to global listed equities allowed us to record strong performance for our members," she said. "The prospects for global equities are very strong over the long timeframe we ...

Advent International lands in Australia, names MD

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... will support continued growth in the Asia Pacific region. "As a global private equity firm with a strong investment track record, we apply both in-market and sector experience to unlock local opportunities at scale and build businesses," Jalan said. ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

WTW names new head for Australia and New Zealand

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... over 12 years at Marsh and Sedgwick. "James is a seasoned leader with over 30 years of experience and has a proven track record of supporting growth and managing business operations," WTW head of international and head of risk and broking international ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
ASIC is reprimanding AFS licensees (AFSL) for submitting inaccurate information about their financial advisers and will ramp up its enforcement from August. AFSLs are making numerous errors when it comes to providing data on the Financial Advisers Register ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... now really begun to bite. Last financial year, the amount companies spent on interest payments surged by 24%, reaching a record total of US$458 billion - a year-on-year jump of US$89 billion. Debt service costs have hit record levels in every country. ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... funds demonstrates both the growing global institutional investor interest in timber and Stafford's expertise and track record in the secondaries market," Whiteley said. "For over 20 years, Stafford has leveraged its technical expertise in alternative ...

PGIM expands APAC team with local hire

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
... APAC under the new PGIM Private Alternatives business," said Wehry. "With his strong in-market expertise and proven track record in building institutional relationships, I am confident that Daniel will play an instrumental role in supporting the growth ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ...