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Showing 151 - 160 of 8353 results for %22ASX200%22

Most Australian actively managed funds lag the index

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
In the first half of 2023, 55% of Australian equity funds underperformed the S&P/ASX 200 index, according to the S&P Global SPIVA Australia Scorecard. But the S&P Global SPIVA Australia Scorecard - which measures the performance of actively managed ...

Causeway PM, H&G form joint venture

CASSANDRA BALDINI  |  MONDAY, 11 SEP 2023
Causeway will manage a large pool of investor funds through a strategic joint venture with ASX-listed Hancock and Gore (H&G) and introduce its offerings to the Australian market. The H&G Causeway Dynamic Credit Fund looks to offer a streamlined mechanism ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... Clifford. The outflows were largely driven by a previously disclosed $650 million redemption from an institutional investor. The ASX-listed asset manager also experienced $205 million in outflows from its Platinum Trust Funds. Platinum AM's funds under ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... facilitates more competition in the clearing and settlement of cash equities traded in Australia, which is dominated by the ASX's ASX Clear and ASX Settlement. ASIC now has new rule-making power to facilitate competitive outcomes in the provision of ...

Income Asset Management appoints head of sales

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... (IAM) has strengthened its capital markets team with the appointment of Jenna Labib as head of sales, effective yesterday. The ASX-listed investment firm promoted Labib from her previous role as head of adviser services to the newly created head of sales ...

Managed accounts FUM hits $162bn

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... Australia Victor Huang attributed the increase to the steady growth in investment markets during the first half of 2023, with the ASX/S&P 200 Accumulation Index rising 4.51%. "Volatility has trended downwards in the first half of 2023 for the US and ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
... will transfer to Interprac Financial Planning and Sequoia Wealth Management "to achieve operational and cost synergies", the ASX-listed group said yesterday, as it undergoes liquidation, company deregistration, and the cancellation of its AFSL. Sequoia ...

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
... $15.4 million. MTIS Wealth Management, Investment Strategists Accounting Services and Ralton Asset Management helped boost the ASX-listed group's top line over the period. However, the group made a $1.9 million net loss as a result of a $1.5 million ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
ASIC and the Reserve Bank of Australia (RBA) have set out high expectations for the ASX to get the CHESS replacement right, forcing it to consult on all matters on the CHESS replacement with the newly established oversight body. In a joint letter, the ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... Praemium has reported an uplift in business performance following the divestment of its international business. Reporting to the ASX today, Praemium posted a 23% uplift in underlying earnings before interest to $23.4 million, compared to the $19.1 million ...