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Showing 1431 - 1440 of 8243 results for "June"

State Street acquires custodian for $4.7bn

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... billion purchase price via a combination of common equity, the suspension of common share repurchases before it resumes in June 2022 and cash. BBH has some $7.31 trillion (US$5.4tn) in assets under custody, while State Street has $43.2 trillion (US$31.9tn). ...

Fiducian expands NZ footprint

JAMIE WILLIAMSON  |  WEDNESDAY, 8 SEP 2021
... Investment Partners. Interestingly, the Fiducian India Fund was the top performing emerging markets fund for the year ending June 30 with a whopping 58.3% return. It was well ahead of the next best performers; the Pendal Asian Share Fund on 47.8% and ...

Northern Trust appoints local head

KARREN VERGARA  |  MONDAY, 6 SEP 2021
... sophisticated corporate and institutional clients across the region. He will report to Calvitto. Calvitto took on the APAC lead in June and was the managing director and country executive Australia for three years. "Leon is a proven and trusted leader ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the year ending June 2021 ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ...

MySuper continues stellar performance

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... the end of July, Rainmaker analysis shows. Rainmaker's MySuper Index returned 19.2% in the year to July 2021, surpassing June's rolling one-year return by 40 basis points. This makes July the fifth month in a row for rolling annual returns edging close ...

ClearView kicks off strategic review

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... its financial advice unit to Centrepoint Alliance for $15.2 million. CVW has net cash and investments of $374 million at June end. It raised $75 million in tier 2 capital during the year and migrated private label platform from Colonial First State to ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... them counting towards their non-concessional contributions cap. These contributions can be made between 1 July 2021 and 30 June 2030. The ATO clarified: "COVID-19 re-contribution amounts are not a new type of contribution. They are a personal contribution ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... the time, the delay was put down to "vagaries" of the federal system. The exposure draft legislation was later released in June. Industry Super Australia (ISA) welcomed the leglisation and said it will help women get their fair share of superannuation ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... fees and consistently outperformed the Australian equity market and ASX Small Ords Accumulation index. In the year to 30 June 2021, it returned 38% (after all fees), beating the ASX200 by 15%. The fund, which has about $13 million in assets, charges ...