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Showing 861 - 870 of 8321 results for "retail"

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... expansion and demand for annuity sales. Total Life sales were up 11% to $5.5 billion, driven by "exceptional" growth in retail annuity sales; up 89% to $2.1 billion. Retail sales also benefited from strong reinvestment rates; 68% of fixed term maturities ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... GDP has remained steady and outperformed major economies like the US and EU. Other than the recently released December retail figures, Paton said any "canaries in the coal mine have been few". Other leading economists forecast that Australia will avoid ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
... director for the Americas. He arrived at CBA from an earlier stint at QTC, where he was a director of the corporation's retail asset sales team. QTC chair Damien Frawley said Allen's experience with global financial markets and the public sector ...

Lazard Asset Management slashes fund fees

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... global investment giant will reduce the management fee on two of its Australian equity funds for both institutional and retail share classes. Specifically, the management fee of the Lazard Select Australian Equity Fund's retail share class will be ...

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."