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Showing 1091 - 1100 of 8240 results for "June"

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... a vindication of the Fed's approach. Core inflation is running at a three-month annualized rate of 3.1% down from 7.9% in June, indicating a sharp slowing in the inflation pulse," Miller said. "This shows an unambiguous turn down in inflation- which ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... iteration of the APRA heatmaps, OneSuper was flagged in relation to sustainability of member outcomes. The data shows that, to June 2022 end, the RSE's net cash flow ratio (three-year average) was -6.79%. Its high fees were also highlighted, with ...

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... high volatility." The company said total funds under administration (FUA) were $42.7 billion, up 6% from $40.5 billion in June. Its platform saw a 7% increase to $20.9 billion from $19.5 billion last June, while Separately Managed Accounts (SMA) increased ...

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... such as custody, FX, real assets, and asset management. According to the Australian Custodial Services Association, as at June 2022 HSBC ranked seventh in Australia in terms of assets under custody. In the six months to June 2022, its total assets dropped ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... inflows we've seen are a reflection of our performance in delivering returns to clients since the start of our business in June 2016." Despite recent dips in GQG's share price, Abernethy highlighted the robust fundamentals of the company. "We ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... been temporarily increased to ease cost of living for seniors. Pensioners have up to December 25 (extended from the original June 2023 deadline) to use the additional $4000 in their bank account. "While the increase to the work bonus income bank is a ...

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... engaged to act for." In 2019, ASIC permanently banned Nguyen from providing financial services. He was officially charged on June 24 of last year. The matter was prosecuted by the Commonwealth Director of Public Prosecutions after a brief and referral ...

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
... 2021. Last year Apex entered Australia's top 10 custody and asset services providers with $25.8 billion in assets as at 30 June 2022, according to the Australian Custodial Services Association. In recent months Apex has been awarded local mandates by ...

HESTA adds US$200m to Stafford Capital private equity fund

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... which invests in companies selected and managed based on specific environment, social, and governance standards. As of 30 June 2022, the HESTA Sustainable Growth option has averaged an annual return of 10.39%. Commenting on the announcement, Stafford ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... placed on former Spaceship Capital director, chair and responsible manager Paul Dortkamp. ASIC handed Dortkamp the ban in June 2022 following an investigation that found he failed to understand all the financial services offered by Spaceship under its ...