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Showing 1021 - 1030 of 7088 results for "June 2011"

IFM calls off Atlas Arteria takeover bid

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
IFM Investor's Global Infrastructure Fund (IFM GIF) has ceased its discussions with Atlas Arteria after becoming a substantial shareholder in the toll road operator just last month. On June 8, IFM GIF and associates disclosed the acquisition of a combined ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Diverger managing director Nathan Jacobsen said improving scale and pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
A superannuation fund that targeted women has quietly closed after three years in market. FairVine Super, a sub-plan of Aracon Super, launched in May 2019 with a product specifically designed for women. The offering included a 'FairRewards' ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
Insignia Financial has reported a reduction of 82 financial advisers in its network for the June quarter. Since the last quarter, Insignia reported 34 employed and 45 self-employed advisers had left bringing its current total to 1,600. It explained ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Perpetual has reported its total assets under management (AUM) have slumped 8% to $90.4 billion in the June quarter. Perpetual Asset Management Australia's AUM was down 16% to $21.3 billion and net outflows for the quarter were $1.9 billion. The ...

Aliro Group withdraws AOF bid

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
After initially bidding for the Australian Unity Office Fund in May and requesting two subsequent extensions to the exclusive due diligence period, Aliro Group will no longer provide a revised bid. It comes as independent valuations shave $37.25 million ...

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
The two entities are in high-level discussions, it's been confirmed. Pendal entered a trading halt shortly after midday yesterday, pending an announcement. Later in the afternoon, the manager announced it is in discussions with Perpetual regarding a ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
HUB24 has posted its June quarter results, the wealth management group posted record platform annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of ...