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Showing 1 - 10 of 8214 results for "June"

Australian Unity to shed 195 roles

MATTHEW WAI | FRIDAY, 5 JUN 2026

... now anticipated to commence in FY27, as "no transactional activity is expected to be completed and recognised prior to 30 June 2026." "The aggregate gross asset value of funds under management has also been adversely affected by market volatility and ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA | FRIDAY, 5 JUN 2026

... the fund. Subject to the statutory notice period under the Corporations Act, the fund is expected to commence winding up on June 22." In the 2026 half year, the fund achieved -9.2% net of fees, which lagged 15.8% below the benchmark's return of 6.7%. ...

Vanguard's oldest ETF eclipses to US$1tn in value

RIDDHIMA TALWANI | FRIDAY, 5 JUN 2026

... catapulted its ETF from third to first. "Investors added more than US$400 billion of new money to Vanguard S&P 500 ETF between June 2021 and May 2026, while the iShares and State Street ETFs took in an estimated US$250 billion and US$88 billion, respectively," ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA | FRIDAY, 5 JUN 2026

... relationship between the capital markets and private wealth businesses," Euroz Hartleys said. BMO has a period of exclusivity until June 30 to conduct due diligence and progress relevant transaction documentation. The wealth management group confirmed ...

Perpetual acquires majority stake in Interfi

VINNY VUCAGO | FRIDAY, 5 JUN 2026

... FY31. The transaction will be funded through internally generated cashflows and is expected to complete before the end of June, subject to customary conditions. The acquisition comes as Perpetual continues to improve its balance sheet. The company said ...

ASX sees trade volumes soar in May

MATTHEW WAI | THURSDAY, 4 JUN 2026

... with eight new entities listed in May but there was net growth of zero as another eight entities were delisted. Notably, June marks the completion of the first year of a two-year pilot program to shrink timetables for IPOs to boost listings. Further ...

Otivo launches AI-powered financial advice

MATTHEW WAI | THURSDAY, 4 JUN 2026

... without scale. Otivo delivers both." The app is live on iOS, with Android to follow, and is free to every Australian until 30 June 2026. Existing subscribers can sign in with their current credentials. In February, Otivo completed its partnership with ...

BT appoints new head of strategy

KARREN VERGARA | THURSDAY, 4 JUN 2026

A former Allianz Retire+ executive has joined BT as the new head of strategy. Simon Aboud joined the wealth manager on June 1. Late last year, Aboud left Allianz Retire+ as its chief product and marketing officer, a role he assumed in May 2021. Prior ...

Raiz names new chief executive

KARREN VERGARA | WEDNESDAY, 3 JUN 2026

... Malone left the top job on May 29 and remains on gardening leave until 29 May 2027. Keary commenced as chief executive on June 1, wrapping up a stint as chief executive of private markets investment firm Keyview Financial Group, which he assumed last ...

Cooling economy could keep RBA on hold

ELIZA BAVIN | WEDNESDAY, 3 JUN 2026

... inflation to 3.4%, combined with the added pressure from yesterday's wage decision, to be enough for the RBA to move again in June. "The RBA will be carefully monitoring the overall health of the economy, including employment, before making another move. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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