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Showing 1061 - 1070 of 7095 results for "June 2"

Andrew Formica to return to Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUN 2022
Andrew Formica will step down as chief executive of Jupiter Fund Management, the role he took on after leaving Janus Henderson in late 2018. Formica has notified Jupiter's board that he intends to retire as chief executive and a director on its ...

Super funds are ready for RIC: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
Super fund leaders are confident they're ready for the fast-approaching Retirement Income Covenant (RIC) deadline. According to research conducted by CoreData, Australian super funds are ready to publish the retirement income strategies needed to ...

ASIC obtains orders to freeze assets

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
ASIC has obtained urgent interim orders from the Federal Court to freeze the assets of Ashley Vincent Arandez and four companies of which he is a director. The regulator sought these orders on an urgent, ex parte, basis because it is concerned Arandez ...

Luxury collectables break records

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Millions of dollars of Rolex watches, Louis Vuitton and Hermes handbags, high-end shoes, jewellery, and other opulent items broke records recently at Lloyds Auctions, in one of the biggest luxury designer auctions ever. Over 350 pieces of high-end watches ...

Corporate fund to join Australian Retirement Trust

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
Australian Retirement Trust will complete another successor fund transfer this week, taking over the super fund of an ASX 100 company. On July 1, the Incitec Pivot Employees Superannuation Fund will merge into Australian Retirement Trust. The fund ...

ESR completes first phase of logistics park

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Based in Toyko, the ESR Yokohama Sachiura Distribution Centre is a multi-phase development that is set to be the largest logistics park in Japan and one of the largest ever developed (by value) in the APAC region. On completion, the asset will represent ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
ASIC is warning super trustees to ensure they communicate upcoming performance test outcomes correctly to members, saying some of the funds that failed the test last year also failed to adequately inform members. The regulator has reviewed the performance ...

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
With a 20% interest already under its belt, Diverger is looking to acquire 100% of Centrepoint Alliance. Yesterday, the listed advice group entered a call option deed with TIGA Trading and Thorney Holdings in respect of 19.99% of Centrepoint. This was ...

Pzena adds to Australian team

CHLOE WALKER  |  WEDNESDAY, 22 JUN 2022
The New York-based global equities manager has expanded its local team with the appointment of John Jardim as director of business development and client services. Jardim joins from BNP Paribas Investment Management where he has held the role of head ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...