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Showing 1121 - 1130 of 7033 results for "December"

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... interactive learning experience," she said. A recent survey commissioned by Ecstra of 2049 Australians conducted over December 2021 to January 2022 found that over half of teachers (52%) have not taught financial education at school. The survey also ...

AustralianSuper appoints retirement solutions lead

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... solutions effective February. Strano led Club Plus Super for five years before in merged with AustralianSuper in early December 2021, which contributed $3.2 billion to the merged entity's funds under management. AustralianSuper is in the process ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... $16.50 on the back of the news Douglass would be taking leave. Earlier in February, the share price was above $20. In December 2021, the company's share price took a significant hit after UK wealth firm St James' Place pulled a $19 billion mandate. Magellan's ...

Pinnacle hires retail distribution lead

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... time at ING Australia and MLC. Pinnacle recently reported a net profit after tax of $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year, with some $6.4 million emanating from performance fees. Pinnacle now ...

MLC Life names head of fund partnerships

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... partnerships with superannuation funds this year." Puli is also a new addition to the group insurance team, having joined in December 2021. He was previously chief executive of ESSSuper, a role he held for more than a decade. His appointment at MLC Life ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Several acquisitions bolstered the performance of Kelly Partners in the six months to December, the latest financial results show. The ASX-listed group saw a 25% increase in revenue to $30.9 million, thanks to its acquisition spree which contributed ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
... the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion in its funds under management since December 31. Douglass' decision to step away sees the return of Magellan co-founder Chris Mackay to oversee the portfolio management ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... a very high rate of return or satisfactory rate of return on your money." Magellan shareholders suffered a tumultuous December quarter, fearing what the loss of a major mandate and troubles at the executive level meant for their investments. UK wealth ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... affiliate was a "joint decision" and the loss ultimately lowered net profit after tax to $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year; some $6.4 million came from performance fees. Pinnacle now has ...

Future Fund now over $200bn

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
... billion in assets for the first time, its latest portfolio update has revealed. Future Fund continued to grow over the December quarter, contributing to an annual return of 19.1% for the calendar year, against a target of 7.5%. Its total assets have ...