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Showing 871 - 880 of 14041 results for "Down"

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... replaces director of Australia and New Zealand Bruce Murphy, who was at Insight Investment for nearly 10 years. He stepped down on August 1. Murphy was previously managing director of BNY Mellon Investment Management Australia, a role he left in December ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The ASX had its worst day since March 2020 yesterday, wiping $102 billion as investors got the jitters over a potential US recession. Mediocre jobs data released in the US sparked recession fears with investors also concerned the Federal Reserve is ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... sustainability exclusions associated with such ESG claims." In a statement, Mercer said: "We accept the Court's decision handed down today regarding five marketing statements that were overly broad. We acknowledge the need for accurate information ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... performance reflects the importance of balancing investment opportunities when markets are fearful and knowing when to dial down as markets become overexuberant." GoalTracker's investment objective for members under 50 is 4.3% return above inflation. ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... The previously equal fourth-placed states of Queensland (now fifth), Tasmania (now sixth) and NSW (now seventh) all dropped down the leaderboard. The Northern Territory remains in eighth spot. "Across the country, the economic performance of Australia's ...

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... towards quality over quantity in client relationships. Advisers have however not lost sight of - and in fact are doubling down on - the imperative for enhanced efficiency as a means to deepen client engagement and create a more personalised client experience," ...

London-based boutique opens fund to local investors

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
London-based boutique investment manager Atlantic House has opened its Uncorrelated Strategies Fund to Australian investors. The Uncorrelated Strategies Fund, which was launched in the UK in May 2022, aims to deliver positive uncorrelated returns in ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... Industry Forum, and is currently vice president of the Property Council of Australia. Incumbent Michael O'Brien steps down from the position after more than five years. Before QIC, he was the chief financial officer at ASX-listed Vicinity Centres. ...

WTW retirement solutions lead steps down

KARREN VERGARA  |  MONDAY, 29 JUL 2024
A long-serving Willis Towers Watson (WTW) superannuation and retirement expert has left the firm after nearly 28 years. Nick Callil was the head of retirement solutions for Australia, leading WTW's research in retirement strategy. He also consulted ...