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Showing 871 - 880 of 8102 results for "Today"

Capital Group kicks off succession plan

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... members of Capital Group's management committee to deliver on the firm's existing long-term strategy. "The changes announced today reflect a leadership succession plan that has been in motion for many years," the firm said. Drawing on his strong experience ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive quarterly rise greater than any seen since the introduction of GST in 2000. The annual CPI ...

JANA management buys out Insignia stake

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... transitioned to an alternative provider. Insignia will remain a client of JANA. JANA clients were informed of the change today, with chief executive Georgina Dudley telling Financial Standard : "We expect a positive reaction from clients, who have experienced ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... Treasury announced it would review NALI, outlining the aim was to reform the provisions and ensure they operate as intended. Today, it urged all interested parties to make submissions in response to its proposals and said the Albanese government will ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Perpetual has completed its Pendal Group acquisition and confirmed two board appointments. "We are pleased to finalise the transaction that combines two of Australia's oldest and most respected active asset management businesses," Perpetual chair ...

Sequoia FG revises profit expectations

JAMIE WILLIAMSON  |  MONDAY, 23 JAN 2023
... bottom line. In November, the group said it was expecting EBITDA in the first half of between $4 million to $5 million. Today, the group said its EBITDA for 1H23 is now expected to be about $3.2 million, 40% below budget because of one-off issues. Within ...

Country head appointed at Fulcrum Asset Management

CHLOE WALKER  |  FRIDAY, 20 JAN 2023
... in recent years, providing its investors with a stream of uncorrelated absolute returns through these turbulent markets." Today, Fulcrum has a global client base with $9.1 billion of funds under management in global macro, risk premia and climate aligned ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... decision was made in response to industry concerns. Following an article published in the Australian Financial Review earlier today, the spokesperson also refuted claims new super regulations will be introduced, scrapping tax concessions for people with ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... found that Australian billionaire wealth is 61% higher than it was before the pandemic. There are also 11 more billionaires today than there were in 2020. The fortunes of billionaires around the globe are increasing by $3.6 billion a day, while 1.7 billion ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... not as widely recognised by the investment community, is geopolitical tensions. "There is not a single living practitioner today with the experience of investing in a multipolar world, characterised by great power rivalry and strategic competition across ...