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Showing 91 - 100 of 3453 results for "August"

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... clients set up or maintain self-managed super funds. Sebo used all the money to feed his gambling habit between July and August 2019 while he was sole director and shareholder of Platinum Perpetual Global Private Wealth, court documents read. One client ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... itself as a leader in ESG adhering to specific policies to integrate such considerations into its investments. However, from August 2018 until late 2021, DWS failed to adequately implement certain provisions of its global ESG integration policy as it ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... the fund said. There's been several corporate super funds to announce or complete mergers of late. Most recently, in August, Citibank confirmed it would terminate its staff superannuation fund this month, citing higher operating costs and increased ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... inflation is projected to stay high, with potential for month-to-month variability. Twelve-month CPI inflation fell 6.7% in August, falling short of prior Committee forecasts by 0.4%. Core goods inflation weakened, declining from 6.4% in June to 5.2% ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... of a second wave of inflation and fresh interest rate increases on the back of recent US inflation data is unfounded. In August, the US annual inflation rate moved to 3.7%, above market forecasts of 3.6%. "Thirteen consecutive months of disinflation ...

Betashares expands fixed income range

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... investors to gain exposure to more parts of the market that have traditionally been harder to access." Between January and August this year, cash and fixed income ETFs have received nearly $4.4 billion in net inflows from investors, making it the highest ...

ARK Invest acquires European ETF issuer

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... the deal are undisclosed, ARK anticipates that the acquisition will lead to an increase in its global AUM. Notably, as of August 31, Rize ETF managed US$452 million in AUM across 11 ETFs. "ARK looks forward to offering its products to a larger audience ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... people have more transparency over agent and firm misconduct. The government originally announced the package of reforms in August. The overhaul has been called the biggest crackdown on tax agent misconduct in Australian history. Commenting on the consultation ...

Family offices feeling optimistic about 2024

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... integration when the fourth generation is in control of the wealth (43%) than the first (29%). The survey, conducted in August, drew responses from 268 family office participants. Nearly a quarter of these respondents (21%) were from APAC.

The Wealth Designers in expansion mode

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... staff in total. It currently has two advisers based in Sydney and soon plans to set up shop in Brisbane and Melbourne. In August, TWD enlisted Patrick Canion under its AFSL to help service some of its high-net-worth and sophisticated clients based in ...