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Showing 131 - 140 of 5257 results for "July"

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... within 28 days after accepting the order on 24 November 2022, but did not. The trustee took the case to Federal Court and on July 12, Justice O'Callaghan sided with WJ & V Drakoulis Super based on the "simple and incontrovertible fact" that the sum ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... consecutive rate hikes, the Monetary Policy Committee (MPC) noted a 0.5% decline in the UK's gross domestic product (GDP) in July. The Bank's internal forecasts now anticipate only a marginal uptick in GDP for Q3 2023. Underlying growth for the latter ...

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
... Capital director and co-portfolio manager Jesse Moors said the investment strategy applied was originally through an SMA from July 2018 until March 2020, when rolled it over into the fund. "When we made our inaugural trip [to Singapore] last year, we ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... penalty applicable to such conduct, though this was labelled "without question, woefully insufficient." Between at least 20 July 2007 and 22 February 2019, NAB's terms and conditions stated NAB would charge $1.80 for periodic payments to other accounts ...

Betashares expands fixed income range

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... Diversified All Growth (DHHF) and Australian Investment Grade Bond (CRED) ETF, to CommSec's global share trading platform in late July.

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... further deepening and strengthening client coverage across the ANZ region. He originally joined the investment giant last July as a senior regional adviser for Asia Pacific and takes on the new role in addition to his current duties, which include offering ...

Younger Aussies want advice but don't know how to get it: CFS

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... said they didn't know enough about it to say if they were or not. The survey collected data from almost 2000 consumers in July 2023, including more than 1200 aged 16 to 39. CFS group executive, customer office Josh Grace said that while the cost remains ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... GQG Partners (GQG) and Regal Partners (Regal) alongside River Capital having made competitive bids to acquire it in late July. Already, Regal is a 12% shareholder on PAC's register and River Capital is PAC's largest investor sits on a 19% sta ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... utilities services offering good value, reliability and efficiency in the supply of electricity, gas, and water," he said. Last July, Prime Super and Yates Electrical Services Group acquired 100% of Savant Energy Power Networks to deliver renewable energy ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... High Net Worth Investor Report, sponsored by Praemium, is based on a quantitative online survey conducted between June and July in which 1531 high-net-worth investors (HNWIs) participated. It shows Australia's HNWIs have returned to 2021 levels following ...