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Showing 711 - 720 of 8321 results for "retail"

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... business, AMP Life executed a binding quote share agreement with Munich Re. The deal saw Munich Re reinsure half of AMP Life's retail portfolio's $750 million of annual premium income. Building on the initial agreement with Munich Re, AMP extended its ...

Vanguard appoints head of strategy

ELIZABETH FRY  |  TUESDAY, 22 AUG 2023
... value proposition in Australia," said a Vanguard spokesperson. This appointment follows the overhaul of Vanguard's retail unit in May. The fund manager merged the superannuation and non-superannuation businesses. At the same time, strategy was shifted ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... performance. The group's average funds under management almost halved to $48.8 billion as outflows continued across the retail and institutional channels. Total FUM reached as high as $103.7 billion in June 2021. Retail FUM ended the period with ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... anticipates fund flow drivers to include ongoing market share expansion in the global wholesale channel and growth in the US retail SMA, coupled with expansion in Australia. Carver added that each of GQG's flagship investment strategies outperformed ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... downward revaluation of its investment property portfolio, reflecting decreases of -5.6% for office properties and -5.3% for retail properties. This was partially mitigated by favorable revaluations in the industrial portfolio, which saw an increase ...

Retail investors ready to dive back in: Survey

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
Australian retail investors are looking for new investment opportunities, with half of respondents looking to increase the scale of their investments in the next year, according to Chartered Accountants Australia and New Zealand (CA ANZ) latest annual ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
Challenger Life reaped the benefits of regulatory reforms in the 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... pandemic," Rainmaker said. "But since then, it has fully recovered." Looking at the three primary distribution channels - being retail, group and direct - Rainmaker found the dominant channel in 2022 was super funds, accounting for $6.9 billion in death ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
Franklin Templeton has launched its first alternatives fund in Australia, expanding access to the asset class for retail investors. The Franklin K2 Athena Fund primarily invests in uncorrelated risk premia strategies spanning various asset classes ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... Investment Partners recently mandated EQT for four funds, while AL Capital also appointed it to oversee its new range of retail funds.