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Showing 831 - 840 of 11515 results for "Point"

Acadian employs ChatGPT to assess climate targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023
Acadian Asset Management is using the technology underpinning ChatGPT to predict whether companies are likely to achieve sustainability targets. The Acadian Net Zero Alignment Model integrates large learning models (LLM), the type of AI algorithm that ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
Goldman Sachs Asset Management (GSAM) has successfully launched its inaugural Australian feeder fund off the back of significant demand from local clients. The investment giant said the Aussie feeder fund, launched in the second quarter, provides investors ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
The US Federal Reserve has raised interest rates by a quarter of a percentage point, taking rates to a 22-year high. Overnight, the Fed announced rates would rise to a range of 5.25% to 5.5% to continue its fight against inflation. Fed chair Jerome ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... support. "The government is doing a very good job of combining resources and trying to come at this from a 'one government' point of view, but unfortunately smaller advice firms are falling through the cracks," he says. "Larger firms already have a lot ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... of 2-3% this year," he said. "Rebounding housing activity and prices, robust retail sales and near full employment do not point to an economy on the brink of a significant slowdown. The RBA is clearly not done with its rate hike regime."

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... fintech start-ups and heightened customer expectations, despite the super industry being a long-term, typically low-touch point service for members." She said the fund is now rivalling the best day-to-day apps people use on their phones, from streaming ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
Resilient job markets are keeping major economies above water, staring down the threat of a global recession, as well as geopolitical and climate woes. Newly released ABS figures show that Australia's labour market remained strong in June, adding ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... information to be provided by banking entities in relation to their existing accountable persons under the BEAR at the transition point. The regulators said they will consult on the list of specific key functions for insurance and superannuation entities ...

Wealth management ecosystem at critical inflection point: Citi

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... respondents anticipate accelerated consolidation. Citi head of research Andrew Pitt said: "The wealth industry is at an inflection point, and it's critical that wealth management providers servicing the mass affluent to ultra-high-net-worth clients need ...