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Showing 1541 - 1550 of 8243 results for "June"

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... infrastructure and telecommunications in Israel connected to occupying Palestinian territory. The pension fund announced on June 5 that following failed attempts to engage with the companies, which resulted in no response, it has excluded them from its ...

Jameson Capital launches fund

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
... assets and Australia's relative success in containing the virus." The fund is now closed to initial investors at the end of June 2021 and is expected to start investing into a pipeline of pre-identified opportunities. "What makes this such a unique and ...

Class to dump MDA investment

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... its reimagination strategy by chief executive Andrew Russell in 2019. However, prior to the maturity date of the note on June 30, Class determined that continuing to invest in Philo Capital is not in the best interests of Class shareholders. "Although ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
... with essential cover for death and TPD, and by 11.1% for members with BT Super Lifetime Insurance death and TPD cover. On June 28, BT Super appointed Gai McGrath to chair its trustee board, as David Plumb retired after more than a decade. McGrath was ...

Westpac sells NZ life business

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
... Westpac's entire New Zealand business which it had originally intended to demerge, citing increased regulatory requirements. In June, the bank confirmed this was no longer the plan. It's expected to result in a post-tax gain, and will add about ...

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... Financial Services (193). This makes IOOF the largest licensee after it finalised its acquisition of MLC Wealth in early June 2021. Interprac Financial Planning netted a loss of 22 advisers between June and July with 279 at the end of the period. Lifespan ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
Member complaints about superannuation to AFCA fell 31% in the year ending 30 June 2021, after a spike in FY20 stemming from the early release of superannuation allowed during the pandemic. AFCA did not provide a breakdown of complaint types for superannuation ...

Another senior woman to depart AMP Capital

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... its $1.24 billion Community Infrastructure Fund, announced her resignation to lead Plenary's funds management business on June 7. Following Mizzi's announcement, six more from AMP Capital joined Plenary - Jiren Zhou, Simon Hunter, Kathlyn Crafford, Kareen ...

AustralianSuper posts best year yet

KANIKA SOOD  |  MONDAY, 5 JUL 2021
The $225 billion super fund's balanced option returned 20.43% in the year ending June 30, making it its best financial year returns since its start in 2006. AustralianSuper chief investment officer Mark Delaney said the FY21 returns of 20.43% were ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... house prices hardly surprising. CoreLogic's "5 capital cities aggregate" home value index rose by 1.9% over the month of June and by 12.1% year-on-year. Home values in Hobart registered the biggest increase (3.0%) in the June month, followed by Sydney ...