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

Search Results

Showing 1211 - 1220 of 8240 results for "June"

IFM calls off Atlas Arteria takeover bid

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... its discussions with Atlas Arteria after becoming a substantial shareholder in the toll road operator just last month. On June 8, IFM GIF and associates disclosed the acquisition of a combined relevant interest and economic interest in approximately ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... advisers. It also works with 1346 accounting firms. Diverger's preliminary, unaudited results for the full year ending 30 June 2022 also reported growth in equity up from 6% (FY21) to 9% (FY22). The wealth manager saw 35% growth in EPS, statutory EBITA ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... option returned 14.5% compared to the average MySuper return of 18%, Rainmaker data shows. The report shows that, as at 30 June 2021, the lion's share of FairVine's FUM was invested in the SPDR S&P/ASX 200 ESG Fund and Vanguard Index Funds Ethically ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super Fund members, alleging Suncorp Super executed agreements to entrench fees or commissions to ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
Insignia Financial has reported a reduction of 82 financial advisers in its network for the June quarter. Since the last quarter, Insignia reported 34 employed and 45 self-employed advisers had left bringing its current total to 1,600. It explained ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Perpetual has reported its total assets under management (AUM) have slumped 8% to $90.4 billion in the June quarter. Perpetual Asset Management Australia's AUM was down 16% to $21.3 billion and net outflows for the quarter were $1.9 billion. The ...

Aliro Group withdraws AOF bid

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
... as being at a level that Aliro believed would be acceptable". It comes as independent valuations of seven AOF assets as at June 30 reflect a decrease of $37.25 million from the previous valuations. The drop is primarily related to 30 Pirie Street, Adelaide ...

Future Fund appoints alternatives, credit heads

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
... to deputy chief investment officer, portfolio construction Ben Samild. Waldron has acted in the newly created role since June. He started with the organisation as an analyst, debt and alternatives in 2009 and has since held many positions including director ...

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... not in shareholders' best interests. The renewed talks also follow Pendal's funds under management announcement for the June quarter which showed a drop of 11% or $12 billion. The manager now has about $111 billion, down from $124.9 billion at the ...