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Showing 71 - 80 of 3481 results for "health"

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
The Magnetar Relative Value Unit Trust, seeded by an unknown local institutional investor, is a feeder into a Cayman master fund managed by Magnetar Capital (Magnetar) and distributed by Mantis Funds (Mantis). Magnetar is a US-based multi-strategy alternative ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Australian Unity entered into a strategic alliance, selling its financial advice business to AZ NGA-owned advisory firm Nestworth and Fortnum Private Wealth. AZ NGA, through Nestworth, will acquire Australian Unity's employed adviser and corporate superannuation ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... Trends, released its 2023 Insurance Asset Management Report, which draws on insights from 25 firms across general, life and health insurance, with 50% of the respondents being C-suite executives. Janus Henderson said the macroeconomic landscape is why ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

VBP adds to leadership team amid Elixir acquisition

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... experience as a digital and technology executive. He previously held the role of chief information technology officer at Health Support Queensland and, most recently, was chief digital and information officer at Urban Utilities. The specialist financial ...

Betashares to bring Cash Flow Kings ETF to market

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2023
... said: "Cash flow is a measure that is often used by investors and analysts as an indicator of a company's overall financial health and performance prospects." "We believe that investing with a focus on cash flow is an intelligent approach offering the ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Innovation Hub Nataliya Ilyushina said financial distress among Australians is escalating. "The Australian Institute of Health and Welfare has disclosed that 20.2% of Australians are struggling considerably to manage on their present income, a percentage ...

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" including mergers with health-based fund HIP and Combined Super, has resigned. Prime Super chair Nigel Alexander lauded Baird's "outstanding contribution," ...