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Showing 1301 - 1310 of 9375 results for "Income"

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... continued to grow its offering. It ventured into the separately managed account space in 2017 and introduced an ESG fixed income portfolio in 2018. The XTBs were also hosted on Macquarie Wrap, HUB24 and Praemium. EQT confirmed that unless XTB holders ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... for sale because of "ongoing construction-related issues." In a recent letter to investors of the Australian Unity Select Income Fund, Australian Unity said that after having thoroughly considered all available options to resolve the situation, including ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
Three directors connected to the Sterling Income Trust are facing criminal charges over the collapsed property investment and management group's schemes. Sterling Group founder Raymond Jones and associate Simon Bell have each been charged with 11 counts ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... investment management division with its own AFSL. ICS offers asset management, portfolio management, digital tools, and fixed income solutions to other advice firms. In line with the launch of ICS, Viridian has also launched individually managed accounts ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
Regal Partners has inked a deal to acquire PM Capital, an investment manager with a core focus on equities and fixed income strategies. PM Capital was established by its current chair and chief investment officer Paul Moore; it serves Australian retail ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... half-year to September 2023 results that have not lived up to their performance one year ago. The group's operating income was down 25% year on year to $7.8 billion, while the bottom line sunk 39% to $1.4 billion The net profit for Macquarie Asset ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising a diversified portfolio of Sharia-compliant ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
NGS Super has launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives. Easy Default can be established on either the NGS Income Account or the Transition to Retirement Account. When the ...

SPDR slashes fees on six ETFs

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
... management costs on an account balance of $10,000 for Australian equities, $10 per annum for Australian government fixed income and as little as $18 for factor-based investing in international equities," Gallagher said. "Today's announcement makes investing ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... which the financial service relates equals or exceeds $500,000; have net assets worth $2.5 million and over; or earn gross income $250,000 per annum or more over the last two financial years. Wholesale advisers enjoy less scrutiny from the corporate ...