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Showing 61 - 70 of 364 results for "Canada 54.5 %"

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
A specialised listed investment company is looking for a new fund manager as it overhauls its investment mandate. Hygrovest (HGV), a listed investment company that largely invests in Australian and global cannabis-related businesses, wants to diversify ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
Strategy discussions around defined contribution workplace saving tend to focus on plan design and engagement but questions of asset allocation are also critical, according to a discussion summary of the most recent Jasper Forum. The Forum was led by ...

BlackRock appoints new chief financial officer

ELIZABETH FRY  |  THURSDAY, 6 OCT 2022
Martin Small, BlackRock's wealth executive will replace Gary Shedlin as chief financial officer. Small - the head of the US Wealth Advisory business for the past four years, has vastly expanded BlackRock's capabilities for wealth clients," said ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
According to new data, this year could be the most challenging in recent history to retire. Natixis IM shared its annual NIM Global Retirement Index (GRI) data and report named Danger Zone and said market downfall, low rates and inflation are taking ...

Atlas Arteria ignores IFM opposition to latest deal

JAMIE WILLIAMSON, ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
Atlas Arteria has proceeded with its acquisition of a majority interest in Chicago Skyway despite IFM Investors expressing its strong reservations over the offer. Atlas Arteria today announced it has acquired 66.67% of Skyway Concession Company which ...

Climate skills development needed: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
Insights from the UTS Institute for Sustainable Futures has seen 63% of investment professionals admit their climate skills need developing. Research director Alison Atherton offered delegates to the Conference of Major Super Funds a sneak peek of work ...

AustralianSuper breaks into world's top 20 pension funds

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
The superannuation giant has jumped two places in a global survey of pensions and now ranks number 20 with total assets of US$169 billion. According to annual research conducted by the Thinking Ahead Institute and Pensions & Investments, 15 Australian ...

Are Australia's wealthiest tight-fisted?

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... When compared to other nations, Australia gives at a lower percentage of GDP (0.81%) than the United Kingdom (0.96%), Canada (1%), New Zealand (1.84%) and the United States (2.1%). "Even a slight increase in giving by Australia's wealthiest would dramatically ...

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
The life insurer has welcomed a new head of sales, as the incumbent moves into a newly created role overseeing culture and performance. NEOS Life has welcomed Harry Georges as head of sales, recruiting him from digital insurer, iptiQ. He brings more ...