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Showing 1081 - 1090 of 12183 results for "May"

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... year. Following this, Rest has made significant investments in industrial property, including a joint venture with Barings in May. In April, it also a signed on as a cornerstone investor to the Fidelity Real Estate Logistics Impact Climate Solutions ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... found no evidence any of its client data was compromised, however 20 OneVue employees and clients weren't so lucky. On May 11, Iress' private user space on third-party platform GitHub, which managed software code before it goes live elsewhere ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... it did not meet its long-term performance objective. Since inception, the fund returned 4.06% gross of fees at the end of May, while its benchmark returned 6.60%. It also meant that Aviva Investors Pacific as its investment manager "has not raised sufficient ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... Group, and Glennon Capital in Sequoia increased from about 22.2% to 27.84%. Sequoia alleged that between 31 March 2024 and 10 May 2024, the rebel shareholders sought "to change the composition of its board and to control or influence the conduct of Sequoia's ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... of group strategy. He will take the reins on August 31. Vicki Carter, who became Bendigo and Adelaide Bank's chair in May, said Fennell is well placed to lead the next phase of the bank's sustainable growth agenda, benefiting customers, shareholders ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... Planner (CFP). Some AFSLs said that their advisers had "approved" qualifications when referring to a bridging course. "These may be listed in the determination [Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... Australia," he said. Today's transaction is part of several key initiatives Mirvac has completed since its 3Q24 update in May. According to an ASX announcement, Mirvac has also fulfilled its $1 billion asset sales program, including the exchange and ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... increase in asset allocation had fees much lower than the asset-weighted average. The Betashares Global Shares ETF, launched in May 2023, has a fee of 0.08% p.a. and represents 2.3% of Betashares' total assets. Its currency hedged counterpart, also launched ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... members and the Australian financial system. Trustee boards of these RSE licensees need to be well-prepared for events that may impact the financial viability of their RSE businesses and in doing so continue to prioritise their members' best financial ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Qualitas managing director and co-founder Andrew Schwartz said. In August 2022, Qualitas granted options to ADIA under which it may acquire up to 32.66 million new ordinary shares in Qualitas, representing up to 9.86% of issues equity on a fully diluted ...