Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1171 - 1180 of 8240 results for "June"

What's the deal with managed funds?

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... showed the total managed funds industry fell $180.2 billion (-4%) to $4296.3 billion in funds under management, during the June quarter. The consolidated assets of managed funds institutions fell by $127 billion (-3.5%) to $3457.3 billion. Cross invested ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... statement Westpac said the removal will contribute approximately 13 percentage points to Westpac's LCR, its average LCR for the June 2022 quarter was 130%. The capital requirement add-on of $1 billion to reflect Westpac's heightened operational risk ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... $203.6 billion December peak. The Australian sovereign wealth fund reported a 3.1% drop in its return for three months to June and a 1.2% decline from $196.8 billion over last year. During today's media briefing, Future Fund chief executive Raphael ...

Padua appoints general manager, sales

CASSANDRA BALDINI  |  TUESDAY, 30 AUG 2022
... appointment follows the hire of Padua's head of technical advice Rudy Haddad who commenced the newly created role in June and head of marketing Kun Singh who started in April.

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... same issues, and failed to comply with Prudential Standard SPS 231 Outsourcing. Tidswell's RSE licence was cancelled in June 2021. ASIC first launched its action against Tidswell, MobiSuper and ZIB in November 2019. The action also involved Andrew ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
... 1.47 million unique individuals placed (at least) one online trade on stocks of ETFs during the 12-month period ended in June 2022, down from 1.52 million for the year ended November 2021. Investment Trends head of research Irene Guiamatsia said: "The ...

Platinum remains positive despite net profit loss

CHLOE WALKER  |  FRIDAY, 26 AUG 2022
While the asset manager realised an 8.6% loss in funds under management for the year to June 30 and will soon farewell Kerr Neilson, the firm's outlook is positive. Platinum saw a 38% net profit after tax loss, down to $101 million. The profit slide ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... assets such as equities and unlisted assets," an AustralianSuper spokesperson said. "During the financial year ending 30 June 2022, we invested in several large infrastructure and property assets which incurred upfront costs such as stamp duty. These ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... and invested an additional $550 million with its portfolio companies. Further, throughout the pandemic from March 2020 to June 2022, the fund provided $2.6 billion to 74 companies. But more than just cushioning Australia's economy from recent shocks ...

Investors protect against inflation: Report

CHLOE WALKER  |  WEDNESDAY, 24 AUG 2022
... driven considerable interest in private markets, which represented 68% of all new search activity for the 12 months to 30 June 2022, up 13 percentage points year over year. While some investors remained focused on diversifying their geographic exposures ...