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Showing 961 - 970 of 8727 results for "Report 384"

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
Despite a decline in aggregate global wealth last year, UBS and Credit Suisse predict an upward trend over the next five years, reaching close to $979 trillion by 2027. The 14th edition of Credit Suisse's Global Wealth Report, now jointly launched with ...

First Sentier appoints head of institutional distribution

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
First Sentier Investors has appointed Kevin Kandasamy as its head of institutional distribution for Australia and New Zealand with immediate effect. Kandasamy, who is Melbourne-based, will report to First Sentier managing director and head of distribution ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
While adding a new head of portfolio management and chief operating officer for investments, Aware Super has lost one of its key portfolio managers to an asset consultant. Evidentia Group has appointed Jo Cornwell as head of manager research and a member ...

Ignition poaches from Bravura Solutions

CHLOE WALKER  |  WEDNESDAY, 9 AUG 2023
Former Bravura Solutions head of portfolio solutions Darren Speirs is set to become Ignition Advice's new business development director for Asia Pacific. Speirs brings over 25 years' experience in the Australian wealth management industry, the last ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
The latest Investment Trends' Australian Online Investing Report has cited cost of living pressures as cause for the decline in online investing this year. Based on a survey of 22,324 investors and traders conducted from April to May, found about 1.28 ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Link Group has advised investors it expects to post a $417.7 million loss for FY23, largely the result of its issues in the UK. In April, Link Group reached a conditional agreement with the UK regulator, the Financial Conduct Authority, to settle its ...

Trust trumps product advice: Research

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
The Art of science and trust research, commissioned by the Australian Retirement Trust, has found that clients value trust and simplicity more than product and investment advice when dealing with financial advisers. The research found that when measuring ...

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
HUB24 added new data feeds and automation capabilities, enabling financial advisers to report on clients' other investments including cash accounts and term deposits, listed securities, managed funds, direct property, and other assets. HUB24 chief product ...

Acadian employs ChatGPT to assess climate targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023
Acadian Asset Management is using the technology underpinning ChatGPT to predict whether companies are likely to achieve sustainability targets. The Acadian Net Zero Alignment Model integrates large learning models (LLM), the type of AI algorithm that ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
The Reserve Bank of Australia (RBA) left the cash rate unchanged again at 4.1% but warns that more hikes are necessary to tame inflation. Outgoing governor Philip Lowe said Australia's central bank remains "resolute in its determination to return ...