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Showing 1751 - 1760 of 12383 results for "May"

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... Farndell was recently appointed chief financial officer and company secretary and will take up the roles in August 2023. On May 8, the firm announced that Whitaker was no longer a director but continued in her role as chief executive. "The board will ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... plans to roll out a suite of new products and services for its members as part of a digital transformation initiative. In May, the fund completed a project to consolidate five legacy technology systems into a single administration and registry platform. ...

BlackRock drops more ETF fees

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... Infrastructure (GLIN) and iShares Core FTSE Global Property ex Australia (GLPR) ETF fees have been lowered. The ETFs were listed in May this year and originally priced at 20 basis points (or 0.20%). The new fee on each is 0.15%. According to BlackRock ...

Magellan's FUM falls again

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... Rainmaker research, the fund manager bled $6 billion in the year to March. In April, it lost another $2.2 billion, and in May a further $0.5 billion. Magellan's troubles began in late 2021 when institutional shareholder St. James' Place yanked ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... maintaining strong returns. "Looking ahead, our focus remains on agility so we can respond to a range of market conditions that may emerge," Sawtell-Rickson said. "We will continue to invest responsibly, actively, and maintain a patient, long-term approach ...

iPartners launches property credit fund

KARREN VERGARA  |  THURSDAY, 6 JUL 2023
... waiting for the market to correct". "In the current economic and regulatory environment, banks and other non-bank lenders may continue to pull back from the market as they deal with problems in legacy portfolios that were priced for a continued period ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... The BOLR changes sprung by AMPFP left many of its advisers up in arms, claiming that they were reassured by executives in May 2018 that the terms would be unchanged. At the time, AMP was seen to have directed compliance staff in the lead up to cutting ...

Global X launches commodities ETF

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
... comprehensive set of exposures along the commodity curve, allowing ETF providers like Global X to customise their offering." In May, Hannon highlighted the major ETF investment megatrends, highlighting opportunities for growth in decarbonisation - including ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
The Reserve Bank of Australia's (RBA) decision to hold the cash rate at 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
... shows superannuation returns are likely to outdo the long run median, with MySuper products returning an average of 8% to May end, only to be further buoyed by the performance of equities in June. The ASX closed out the financial year with a total return ...