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Showing 71 - 80 of 26487 results for pre

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
This year's Stockbrokers and Investment Advisers Association (SIAA) Conference will take a deep dive into how major financial advice reforms will impact superannuation funds and how they are preparing to help Australians particularly retirees access ...

Succession planning troubles family offices: J.P. Morgan

KARREN VERGARA  |  TUESDAY, 30 APR 2024
Global family offices remain deeply concerned about how to prepare the next generation to inherit a vast fortune as almost 30% do not have a structured approach to help them, a new study from J.P. Morgan reveals. The majority (70%) of participants that ...

Antipodes acquires boutique manager

KARREN VERGARA  |  MONDAY, 29 APR 2024
Antipodes has acquired a fund manager specialising in Asian equity and fixed income strategies that has about $170 million in assets under management. Premium Asia Funds Management is now part of Antipodes' stable, transferring three strategies ...

Future Fund posts 10.1% annual return, surpassing benchmark

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
The Future Fund has reported a one-year return of 10.1%, exceeding its target benchmark of 7.6%, as its total assets under management reached a record $223.4 billion. So far, this financial year, the sovereign wealth fund has posted an 8.3% return ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... in their retirement portfolio that can protect the income." The report said cost-of-living concerns were most notable for pre-retirees, unadvised Australians, and women, with almost 40% of these cohorts reporting cost-of-living as significantly impacting ...

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
Blue Owl Capital's hire of a top executive from the Future Fund has generated more interest in US firms vying for institutional business in Australia. Australia's sovereign wealth fund has confirmed the departure of deputy chief investment officer ...

Adviser fakes exam certificate, cops ASIC ban

KARREN VERGARA  |  FRIDAY, 26 APR 2024
ASIC has slapped a permanent ban on a financial adviser who doctored her exam certificate and continued to provide advice without the proper qualifications. Adele Baaini, while working as a representative for licensee AAN Wealth Management, has been ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
Sequoia Financial Group will hold an Extraordinary General Meeting (EGM) in June that will consider a resolution to remove chief executive and managing director Garry Crole. Sequoia was earlier this month informed by a group of shareholders, that collectively ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Link Group shareholders have voted in favour of the proposed acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... 2021 total, too. However, the study said the decline comes from a very high base and leaves the annual total still well above pre-pandemic levels. US companies were the biggest buyers of their own shares, totalling $773 billion in 2023 and accounting ...