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Showing 1021 - 1030 of 7104 results for "December"

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... clients by inserting client signatures and by adding dates to documents. He falsified documents between February 2010 and December 2018, while he was an authorised representative of GWM Adviser Services and Interprac Financial Planning. In sentencing ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... retail fund's performance has taken a drastic U-turn since topping the Rainmaker Information performance tables in December 2020. Other underperformers included, SSMPPS - Smartsave Balanced (-4.9% p.a.), Zurich SP - Zurich Managed Growth EF (-4.7% ...

BlackRock rethinks fundamental equities, PMs depart

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
... recruited from UBS where he was a senior analyst. The BlackRock High Conviction Australian Equity Fund was launched in December that year. The fund has severely underperformed since its inception. As at 31 December 2022, the fund's total YTD return was ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. Inflation in the US has risen 6.5% over the past year, but the latest data also shows a cooling trend for the sixth consecutive month. US ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
... Financial Adviser Register, a net 3250 (17.3%) financial advisers exited the sector last year, bringing the total number at December end to 15,529 - the lowest in 19 years. The December quarter alone saw a 6% decline, likely driven by the October adviser ...

CBRE Investment Management appoints APAC research lead

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... healthy, most investors intend to adopt a wait-and-see stance in the first half of the year. Conducted in November and December 2022, the survey also uncovered a more cautious sentiment towards commercial real estate investment amid the upward interest ...

Bennelong picks new global chief executive

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... assisted in growing assets under management and advice from around $5 billion in 2014 to more than $15 billion at 31 December 2022. "Our focus remains unwavering, to grow our boutique businesses and deliver the best possible outcomes for our clients," ...

Berkshire Hathaway, IAG restructure agreement

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... Company (NICO), a subsidiary of Berkshire Hathaway, will continue for close to seven years, valid from January 2023 to December 2029, and consist of 20% quota share. IAG chief financial officer Michelle McPherson said Berkshire Hathaway is a key partner ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... pressures and strong retail sales will keep the central bank on course to continue hiking rates for a while. "Retail sales in December went gangbusters with figures released by the Australian Retailer Association showing that $74.5 billion was spent ...

ART, Macquarie, PGGM partner on portfolio acquisition

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... Finance Company (ALAFCO). The transaction was approved by ALAFCO shareholders at an Ordinary General Assembly Meeting on 27 December 2022 and its completion is expected during 2023. Macquarie AirFinance shareholders will contribute US$600 million of ...