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Showing 861 - 870 of 8317 results for "Retail"

Rest welcomes super heavyweights

ELIZABETH FRY  |  FRIDAY, 10 FEB 2023
Rest, the industry fund for retail employees has further strengthened its investment team by appointing two high-profile investment professionals. Spirit Super general manager strategy and risk Paul Docherty has arrived as head of portfolio construction ...

Sun Venture makes first purchase down under

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
... manager Sumner Capital, is a Grade A building comprising 10,441 square meters of office accommodation and ground floor retail. Sumner Capital bought it for $60 million. According to Sumner Capital's website, 60% of the office space is leased to the US ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... product sales advice" with qualifications from the "back of a Wheaties packet." Another pointed out that industry and large retail superannuation fund trustees are able to employ "non-qualified persons" to give personal advice and not be held to FASEA ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... Rainmaker Information analysis shows that at their peak, 30 challenger brands tried to take on established industry and retail funds, hitting $3.8 billion in funds under management and capturing 0.12% of the market. At the end of 2022, Rainmaker found ...

Alphinity debuts two funds on the ASX

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023
Alphinity Investment Management has listed two funds on the ASX in a bid to reach retail investors. The Alphinity Global Sustainable Equity Fund (XASG) is a diversified portfolio of 25-40 leading global sustainable listed companies that Alphinity deems ...

Franklin Templeton welcomes head of product, strategy

CHLOE WALKER  |  WEDNESDAY, 8 FEB 2023
... highly regarded in the market and is recognised for the scale, experience, resources and choice it provides investors across retail, wholesale and institutional markets."

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... UBS's dovish expectations. "This is especially surprising to us given a range of softer domestic data recently - across retail sales, house prices, loans and credit growth, and employment and unemployment; the RBA didn't mention this," UBS said. UBS ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... in the earlier proposals, is the introduction of a Good Advice Duty whereby a person who provides personal advice to a retail client must provide them with good advice. This means the advice must be fit for purpose in regards to the scope, content and ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... expects the RBA to hike the cash rate by 25 basis points to a peak of 3.35%. UBS said its dovish view stemmed from weaker retail and jobs figures as well as the continued property downturn. The RBA should be feeling more confident that inflation peaked ...

Magellan FUM increases despite outflows

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... Most of the slight gain in FUM was seen in the institutional business, which rose to $27.2 billion from $26.4 billion. Retail FUM now sits at $19 billion, up from $18.9 billion. By sector, the largest gain was in Australian equities which now accounts ...