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Showing 1881 - 1890 of 8248 results for "June"

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% over the six months to June 30, with the fund returning -3.92% over a 12-month period. In comparison, the LIC's benchmark, the MSCI AC World (net dividends) ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... Australia (behind State Street) with $140 billion in assets under management at March end, according to Rainmaker data. At June end, it had about $153 billion in Australian-sourced assets. In superannuation, Vanguard manages money for at least three ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... strong balance sheet and capital position, with surplus capital (above the board target capital level) of $1.4 billion at 30 June 2020," it said. Moody's said the downgrade reflects the weaker operating results of the group and its ongoing challenges ...

Evans invites 360 Capital to board

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... from the board after vacating his executive roles last year. Dixon, who was the chief executive of the ASX-listed firm until June last year, initially stepped aside to focus on its troubled US Masters Residential Property Fund, whose NAV had tumbled ...

Clime names new chair

ANNABELLE DICKSON  |  FRIDAY, 2 OCT 2020
... Registry Direct. The change in board leaderships comes as Clime acquired Madison Financial Group for an estimated $5 million in June. Of the total amount, $2.5 million is subject to a two-year escrow arrangement which reduces to $1.25 million after 12 ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... countries with the exception of China will have suffered recession in 2020." Chinese GDP grew by 3.2% in the year to the June quarter after contracting by 6.8% in the first. Recent stats indicate the economy continuing to move onwards and upwards. The ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... contributions into Perpetual MySuper fell by approximately 90% in the 2018-2019 financial year and for five-year returns to June 2019 the option ranked 52nd. Members will have limited access to services including account transactions and early release ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... Life with the proceeds resulting in a pro forma increase to the bank's Common Equity Tier 1 ratio of eight basis points at June 30. The payment follows a $500 million upfront payment in November 2019 and is part of the revised transaction path. The bank ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... against Iress's revised offer for 43 cents per share, ahead of a shareholder vote on October 9. Iress yesterday upped it June 1 offer of 40 cents to acquire OneVue to 43 cents. But the three cent per share increase is still not good enough for Waislitz ...

Netwealth appoints international custodian

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... for Australian investors, after J.P. Morgan and Northern Trust. Citi overtook NAB Asset Servicing in the six months ending June. Netwealth had $31.5 billion in assets under custody for Australian investors at June end, according to Australian Custodial ...