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Showing 1 - 10 of 7015 results for "Total"

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... Invest charges the highest management fee among its competitors at 0.35%. Betterment and Wealthfront charge 0.25% on the total AUM, while some like SoFi Automated Investing or Schwab Intelligent Portfolios charge zero fees. Marcos Rosenberg, global head ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... buybacks in 2023 compared to 2022, according to Janus Henderson's latest annual share buyback study. The $1.11 trillion total was $181 billion lower than in 2022, a significant decline of 14% year-on-year and large enough to take 2023's buybacks below ...

ESG professionals' salary guide revealed

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... financial bonuses," Kaizen said. "Among the 73% of those with eligibility for bonus potential, 90% received a portion of their total bonus entitlement. Notably, bonus structures tend to be more prevalent from the analyst level up to the head of team ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... management, and ongoing margin pressures driving the decision. The four units account for 5.8% of FSI's AUM out of its total $238 billion (as at 31 December 2023), meaning about $14 billion will leave the firm. FSI's subsidiaries are AlbaCore ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
The Federal Court has ordered Macquarie Bank to pay a penalty of $10 million for failing to have effective controls to prevent and detect unauthorised fee transactions conducted by third parties, such as financial advisers, on customer cash management ...

South Australia recognised as 'economic leader'

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... Western Australia came second with a jobless rate of 3.6%, which is 32.2% below its decade average. When it comes to the total real value of residential, commercial, and engineering work completed, South Australia also emerged as the strongest for construction ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... bookrunners and joint sustainability coordinators. With the transaction, ISPT has taken its sustainability-linked loans to a total of $5.75 billion. Additionally, ISPT has secured an additional $400 million in bilateral sustainability linked loan facilities ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
... average wealth of the lowest 60% rose just 39%, increasing from $68,000 to $80,000. The average household has $1.2 million in total wealth, 41% of which is in owner-occupied housing. 13% is in investment properties, 20% in superannuation, and 19% in ...

Perennial launches new investment fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... support. PPP+ is the sixth private fund managed by Perennial. The Perennial Private Investments team currently manages a total of $700 million across these funds. Perennial head of private investments Brendan Lyons said the current investment backdrop ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... 0.570%. Meanwhile, their investment fees and costs are currently 0.157% and will become 0.237%. Overall, they'll see a total reduction of 0.043%. Meantime, for the Global Index investment option members, they'll go from paying admin fees and ...
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