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Showing 741 - 750 of 5902 results for "Second"

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... financial institutions (SFIs), through detailed assessments and meetings with board remuneration committee (RemCo) Chairs. The second phase was a more "light-touch" survey of remaining SFIs. In their evaluations, entities were asked to rate the magnitude ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... to lower investment related income from green energy investments, with asset realisations predominately expected in the second half of FY24. Further, the decrease was driven by income related to the disposition of Macquarie Infrastructure Corporation ...

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... and around the world," he said. The transaction's completion comes as abrdn is set to fall out of the FTSE 100 for the second time on the back of outflows and a 12% drop in share price. The fund manager was demoted to the FTSE 250 in August 2022 but ...

Rest awards mandate to specialist fund manager

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... long-term returns for its 1.9 million members. The $75 billion industry fund's investment coincides with Octopus closing its second fundraising round for the Octopus Australia Sustainable Investments Fund (OASIS), which offers local and international ...

AMG Super terminates MySuper offer

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... failed the test in 2021. The MySuper product was then closed to new members on 19 August 2022, ahead of it failing for the second time later that month. It is intended the closure will take place at February 2024 end. AMG Super is run by Acclaim Wealth ...

Global dividends at all-time highs: Janus Henderson

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
The global dividend landscape experienced a striking uptick in the second quarter of the year with a record-breaking total of $844.7 billion, showcasing an impressive 4.9% growth. Janus Henderson's Global Dividend Index report, a long-term study into ...

Future Fund posts 6% return

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
... reinforced that the fund's average return over 10 years sits at 8.8%. "Share markets were surprisingly strong through the second half of the financial year as they appeared to be pricing in a "Goldilocks" scenario. Whilst this would be a welcome outcome ...

Australian Ethical hits $9.2bn, focus turns to back-office

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... FUM after the SFT with Christian Super, solid investment performance, and ongoing positive net inflows. The company's second-half FY23 revenue was $44.5 million, a 22% rise compared to the first half. "We have continued to enjoy organic net flows ...

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... closely to ensure a seamless transition, they said. The separate transition of SAF administration should complete in the second half of next year. It's the first major announcement from SuperConcepts since it was offloaded by AMP to an investor group ...

Guideway launches file note AI tool

KARREN VERGARA  |  THURSDAY, 24 AUG 2023
... have been using the technology since July 1. Last week, it was made available to the entire advice community, while the second phase of this launch takes place on September 1. FinTalk works off the back of OpenAI's GPT4 technology and has been trained ...