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Showing 61 - 70 of 4074 results for "Holding"

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... and the buy/sell spread. Notably, these combined costs represent the total cost of ownership for a 12-month period, but holding the ETP for more than a year often leads to a cost reduction, as the buy/sell spread - a substantial portion of the initial ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... Chalmers has responded to criticism of the government's plans around the introduction of payday superannuation, saying holding off until 2026 is deliberate and will give employers plenty of time to get it right. Unpaid superannuation is equivalent ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... 2021, after serving as chief internal auditor at ASB Bank. She has 25 years' experience in financial services and banking, holding key executive roles in finance and general management at AMP, ANZ, and ASB. In her current role, Steed oversees strategic ...

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
Across the globe, billionaires of all generations are watching and are likely to continue following the opportunities and risks of generative artificial intelligence (AI). The latest UBS Billionaire Ambitions Report, now in its ninth edition, surveyed ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
ASIC slapped Morningstar with a fine for allegedly exposing investors to controversial weapons companies after proclaiming that its environmental, social, and governance (ESG) policy strictly excludes such investments. Morningstar's International Shares ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
Warren Buffett has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... drive better outcomes for members. Since the performance test was introduced in 2021, 17 underperforming MySuper products holding $75.5 billion in assets and 1.4-million-member accounts, have exited the market. These products, which demonstrated subpar ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
According to NAB's latest super insights report, funds are increasingly diversifying internationally; offshore investment allocations rose to 47.8% in 2022, up from 46.8% in the previous year. The report, which surveyed 41 funds comprising 85% of ...

Aware Super commits $10bn investment from new London base

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
At the Global Investment Summit today, Aware Super announced that it will invest a further $10 billion in the UK and Europe, managed through its newly opened London office. The $160 billion super fund, which currently has $17 billion invested in the ...

New chair named for Future Generation Global

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... experience to the role, having worked as the chief executive of the Business Council of Australia for over 12 years, as well as holding several leadership positions in the NSW and Victorian governments, and worked as a senior partner at KPMG. Since 2013 ...