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Showing 91 - 100 of 7073 results for "June 2"

GQG reports increased FUM despite $5.5bn outflows

ELIZA BAVIN  |  FRIDAY, 13 FEB 2026
GQG Partners has reported funds under management (FUM) for FY25 of $231.27 billion (US$163.9bn), a 7.1% increase. This comes despite outflows of $5.5 billion (US$3.9bn) for the period ending 31 December 2025. GQG chief executive Tim Carver said despite ...

Legalsuper makes additions to leadership team

JAMIE WILLIAMSON  |  THURSDAY, 12 FEB 2026
The $7.5 billion fund added a chief operations officer position and welcomed a chief member officer. Legalsuper executive manager, business enablement and risk John Robinson has been promoted to chief operations officer. Robinson, who has more than ...

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
Although posting strong revenue growth in the six months to December end, the ASX's total expenses for FY26 are expected to balloon as a result of ASIC's inquiry over its governance, capability, risk management frameworks. ASX posted revenue growth ...

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
The NSW government's strategy of fiscal repair will see the state's forecast return to surplus in FY28, rising to $1.3 billion, TCorp's half-yearly budget review finds. The updated data revealed that the forecasted deficit for the current financial ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
FIIG Securities will pay $2.5 million over cybersecurity failures that went on for years and saw the private data of clients compromised and, in some cases, leaked. ASIC brought its case against FIIG Securities in March 2025 after it found the firm ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
The Reserve Bank of Australia (RBA) has revised its economic outlook, showing a higher unemployment rate and slowing GDP growth over 2026. In its Statement on Monetary Policy (SoMP), the central bank expects GDP growth to pick up slightly in the near-term ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
Commonwealth Superannuation Corporation (CSC) is undergoing its biggest technology transformation in about a decade, with the fund focused on automation and improved system integration. CSC will consolidate its legacy systems to improve member experience ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
Challenger is part of a consortium that is attempting to acquire ASX-listed Pepper Money, in a deal that values the non-bank lender at about $1.16 billion. Pepper Group ANZ HoldCo and Challenger confirmed media speculation that they are engaging in ...