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Showing 1271 - 1280 of 8243 results for "June"

HSBC wins ETF Securities mandate

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
... ETF Securities conducted a 10:1 split on its $2.6 billion ETFS Physical Gold product. The split, which was effective from June 8, sees owners of GOLD receive nine additional shares for each share they currently hold. Correspondingly, the metal entitlement ...

Hamish Douglass returns to Magellan

CASSANDRA BALDINI  |  THURSDAY, 9 JUN 2022
... return to Magellan in a consulting capacity from October. In doing so, Douglass is giving up his permanent role, effective June 15. The Magellan board today made the ASX announcement, declaring the return of Douglass who stepped away in February, citing ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
... ordered to surrender his passport and be restrained from leaving Australia, later amended so he could travel to Europe between June and July. ASIC said it sought the freezing orders to help protect investor funds while its investigation continues. Hopkins ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... pointed toward inflation having a continued sharp upward trajectory and that the RBA couldn't afford to wait until the June quarter CPI figures. Subsequently, CPA Australia has called on the government to increase the frequency of consumer price ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... work to do," Robertson said. Though Finder head of consumer research Graham Cooke added there was a possibility that the June rate increase could be higher than expected - 40 basis points rather than 25. "However, only one-third of our economists thought ...

ACCC delays approval of Link Group acquisition

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
... Link Group by Dye & Durham Corporation, which was expected this week. The ACCC was due to announce its decision on Thursday, June 9. It will now aim to deliver its findings on June 16. This has been done to allow parties time to provide additional information ...

Qantas Super invests $2bn in Calvert, Goldman Sachs

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... and will be carried out in three phases. The first phase seeks to achieve a 24% reduction in carbon emissions from the 30 June 2020 baseline by 2025. To meet its 2025 target, Qantas Super said that during phase one it will research available low carbon ...

Magellan shares punished after FUM drop

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... latest quarterly rebalance of S&P/ASX Indices, it was announced that Magellan would be removed from the ASX 100, effective June 20. In light of its ASX update, Magellan's share price has dived 13.93% as of midday today. The company's stock is down 32.33% ...

Magellan, Platinum dropped in S&P/ASX rebalance

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
... Indices see the removal of Magellan Financial Group and Platinum Asset Management from their respective indexes. Effective June 20, Magellan Financial Group will drop out of the ASX 100, with no stock listed as being added. Meanwhile, Platinum will drop ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... of Deloitte Financial Advisory as provisional liquidators and made orders for a report to be provided to the Court by 22 June 2022, including information about - assets and liabilities, an opinion as to the solvency, likely return to creditors and an ...