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Showing 141 - 150 of 5260 results for "July"

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 ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... before fees and taxes over rolling three-year periods. In the year to June 30, it returned close to 44% before fees. As at July end, it had about $75 million in funds under management. The management fee was 0.99% and performance fee was charged at 20%. ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... excited about the launch of the Easy Default, it's not the end of the journey, it's the beginning," she said. In July, ASIC and APRA lambasted laggard super funds for not taking their Retirement Income Covenant obligations seriously. The joint ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... and cost of living pressure." The introduction of the additional administration fee follows a similar move by TWUSUPER in July 2022 where an administration fee was introduced to combat cross-subsidisation. As of August 2022, TWUSUPER members with insurance ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... Platinum AM's funds under management (FUM) dropped to $16.7 billion as at August 31, declining from $17.8 billion at the end of July. It follows the resignation of Clifford last month, who remains in the top job on an interim basis while the fund manager ...

Count welcomes chief financial officer

CHLOE WALKER  |  FRIDAY, 8 SEP 2023
... business APA Group. The appointment follows the resignation of chief financial and operating officer Laurent Toussaint in July. He is due to depart at the end of the month. Count chief executive Hugh Humphrey said Leung would be a "tremendous asset to ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... where it was deemed to be in the member's best interests. ASIC says the conduct went on for close to a decade, from 1 July 2013 to 31 March 2023. This, despite it being legislated in 2013 that funds must undertake intra-fund consolidation at least ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... current management fee of similar ETFs in the Australian market. The ETF fees were dropped even lower to 15 basis points in July.