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Showing 821 - 830 of 3111 results for "% Estimate"

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
BlackRock's total assets grew by 17% last year to US$8.7 trillion, after each asset class, investment style and region reported positive net flows. Full year net inflows stood at $391 billion, of which about 32% came in the three months ending December. ...

PNG super fund to evict settlers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JAN 2021
Papua New Guinea's largest superannuation fund claimed victory over a small community which had settled on land owned by the fund more than two decades ago. Bushwara, a community outside of Port Moresby, was issued eviction notices by Nambawan Super ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
For the second time in a year, the $52 billion superannuation fund is increasing the total cost of its standard group insurance cover for members. HESTA's standard insurance cover -- which eligible members automatically receive upon signing up unless ...

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
"Just when you thought it was safe to go back in the water." - Jaws About this time last year, the world was alerted - but only mildly alarmed - at yet another SARS-like disease spreading in Wuhan, China (the first confirmed case reported on December ...

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
Fractional property investor DomaCom and Islamic wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

Vanguard fund hits US$1trn

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
A Vanguard equities fund ended November with $1.3 trillion in total assets, in an unprecedented feat in funds management. The Vanguard Total Stock Market Index Fund has been around since 1992 and follows a passive style of investing, with turnover rate ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
About 5000 charities will see easier financial reporting requirements from mid-2021, as the Federal Treasury amends the rules. The Council on Federal Financial Relations (CFFR) has agreed to develop a framework by mid-2021 to lift the reporting threshold ...