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Showing 1141 - 1150 of 6475 results for "September"

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... half year to December 2020, flagging that it made $2.5 million in net-profit after tax (subject to an audit review). In September last year, the group internalised the management function and paid $4 million to buy Eildon Funds Management to previous ...

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
... CAGR over the past three years as it diversifies its business, according to Morgan Stanley. Magellan Financial Group in September 2020 took a 40% economic stake in Barrenjoey Capital, and since then has made principal investments in Finclear and Guzman ...

Ophir readies new fund

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
... Opportunities Fund, with a greater focus on mid-caps and a more concentrated portfolio. The strategy has been running since September 30 and returned 33.6% net in the three months to December end. Ophir will open the fund to existing investors in the ...

Global equities continue to soar: Report

KARREN VERGARA  |  THURSDAY, 21 JAN 2021
Global equities fared better than Australian equities in the three years to September on a risk adjusted-basis, a new RMetrics report finds. Rainmaker's quarterly RMetrics report looked at Australian and global shares across 270 products. On a risk-adjusted ...

QIC enters private debt, hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 20 JAN 2021
... Jones' departure in July 2020 amid other leadership changes. It appointed Patrick Trears as his replacement, and in September 2020 l aunched a new infrastructure debt strategy focused on mezzanine debt opportunities in Asia Pacific countries across energy ...

Xinja returns deposits

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... returning its ADI licence after what it said was an "increasingly difficult" year after only obtaining the licence in September 2019. "After a year marked by COVID-19 and an increasingly difficult capital-raising environment, and following a review of ...

Does financial services have a problem with women?

ELIZABETH MCARTHUR  |  TUESDAY, 19 JAN 2021
... opinions from you. You always give your opinion. Not only do I have a wife at home, I have you here in the office." In September 2020, Escobar advised IOOF she was pregnant and planned to take six months maternity leave. In October 2020, she was made ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... licensee agreements and 113 advisers in the December quarter. The $1.7 billion in net inflows is 26% higher than the September quarter and 37% higher than the December 2019 quarter. Meanwhile, strong markets added another $1.2 billion to the funds under ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... co-founder of superannuation administration company, Financial Synergy, which was sold to IRESS for about $90 million in September 2016. A year later, in 2017, Orford developed a white-labelled solution for superannuation funds called the Real Lifetime ...

AIA progresses with acquisition

ANNABELLE DICKSON  |  TUESDAY, 19 JAN 2021
... the acquisition following the Federal Court of Australia's consideration of the scheme at a hearing in March 2021. In September last year, Commonwealth Bank (CBA) received a payment of approximately $450 million for the sale of CommInsure Life. The payment ...