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Showing 1381 - 1390 of 7108 results for "December"

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... representing an increase of approximately 70% on the consortium's implied valuation of PEXA at $1.95 billion." In its December 2020 half-year results, Link reported PEXA's transaction volumes grew 28% to 1.53 million compared to the prior corresponding ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... paid all current colleagues and are now in the process of contacting former colleagues." The bank launched the review in December 2019, covering Australian and overseas employees, in consultation with PwC and King & Wood Mallesons. The FSU estimates ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... 348 clients and 1042 funds at March end, up 1% (five net new clients) and 13% (162 net new funds) respectively from the December quarter. "We are delighted with this result. It is beyond our expectations and our strongest quarter to-date," Mainstream ...

JANA appoints head of sustainability

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... investment outcomes from well-constructed portfolios for our clients." JANA had $850 billion in assets under advice as at 31 December 2020. It is the largest asset consultant in the not-for-profit superannuation market and has expanded into managed accounts ...

BUSSQ extends Link contract

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... as executive manager, operations, product and finance. The super fund was also the third top performer in MySuper for December end when risk adjusted returns were considered.

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... redundancies before 30 June 2022 remains. In terms of the fund's board of directors, it will comprise 15 members until 31 December 2022 with three employer and three member representatives, and three independent directors including an independent ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... Merces, which provided responsible entity and trustee for hire services, and custody and administration services between December 2012 and January 2020. The Commonwealth Director of Public Prosecutions, which pursued the matter thanks to a tip off from ...

Federation AM awards mandate

ANNABELLE DICKSON  |  THURSDAY, 20 MAY 2021
... developments across Australia and New Zealand. SARA is targeting $750 million in capital commitments and launched in December 2020 with signed anchor commitments of around $75 million. "There is an exciting growth opportunity in the Australian renewables ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... growth. FUM for the retail channel hit $19.3 billion at the end of the month, growing from $16.7 billion at the end of December 2020. Some challenges this sector faces are the continued exodus of financial advisers, which saw a 20% decline in headcount ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... sector wages "recorded its lowest annual rate of growth (1.5%) since the commencement of the series" from 1.6% in the December 2000 quarter. The Reserve Bank of Australia anticipated this in its April missive, saying: "...wage and price pressures are ...