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Showing 891 - 900 of 8404 results for "Los"

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

Future Fund reports 3.7% loss for 2022

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
Future Fund has posted a -3.7% return for calendar year 2022. Its chair Peter Costello explained that the S&P ASX 200 falling 5.5% and the S&P 500 dropping 13.6% caused the Future Fund to deliver a negative outcome. "The cycle of rising rates to control ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
HESTA is once again calling for the Australian government to address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
Changing the requirement to pay super with wages will drastically reduce unpaid super and give four million plus workers better investment returns, according to Industry Super Australia (ISA). In its pre-budget submission, ISA said that the "outdated ...

Regal reports FUM loss

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
During the December 2022 quarter, funds under management (FUM) for Regal Partners fell from $5.4 billion to $5.1 billion. Net inflows of $200 million were driven chiefly by the Regal Investment Fund, which raised over $90 million through a wholesale ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
While last year was a "shocker" for both bonds and equities alike, allocating to fixed income securities in 2023 offers an attractive yield for investors, according to GSFM investment strategist Stephen Miller. Addressing attendees at the GSFM investor ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
If the current high levels of inflation continue for years rather than months, many retirees could be facing some difficult spending choices, says Challenger. A new report, entitled Innovations to manage inflation risks, highlights the need for financial ...

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
Perpetual reported it took a $1.2 billion hit in December ahead of its Pendal Group takeover, which is now due to be completed on Monday. Despite the loss, the investment manager said it "benefited from a rebound in equities markets" and ended the year ...

Australians are unprepared for retirement: Fidelity

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
A Fidelity International report found that many Australians are ill-prepared for retirement, lacking control in the retirement planning process. Fidelity's New Life Old Life report showed that a third of older Australians who planned their retirement ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
KPMG has identified 10 themes that will shape super fund discussions and decisions, including macro-economic forces directly impacting the industry. KPMG listed market volatility, higher inflation and interest rates as the top issue for super funds. ...