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Showing 211 - 220 of 8220 results for "June"

ART private equity lead heads for Middle East

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... Council. Murphy reported to Elizabeth Kumaru, the general manager of growth assets at ART, following a leadership overhaul in June that saw the exits of Greg Barnes, head of public markets, and Herbert Chang, head of capital markets. Kumaru, who ran ...

ASIC bans another former Lighthouse Partners director

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
... business, and controlling any entities that uphold a financial services business. The ban order was made effective from 30 June; however, Archibald applied to the Administrative Review Tribunal (ART) on 2 July to appeal the decision. Archibald also applied ...

Instos continue to bite on risk: State Street

MATTHEW WAI  |  THURSDAY, 9 OCT 2025
... signalling that it would ease a further two times before 2025 is done, an extra cut compared with the message provided in June," Ferridge said. "Within the month, the asset allocation weight to equities, the riskiest class of assets, was virtually unchanged ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... protect consumers." APRA said super investments via platforms are seeing significant growth, rising 14.5% in the 12 months to June end. They currently represent about 13.1% of total super assets. The Financial Services Council (FSC) is currently developing ...

Aware Super, TelstraSuper advance merger plans

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... member support that you're used to. It's about building on what works and making it even better," he said. APRA's June statistics show that TelstraSuper had $27.5 billion in assets and 97,930 members. Aware Super had $198.6 billion in assets ...

Australian Food Super to transition to age-based premiums

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... replacing MetLife. In the previous financial year, the fund's MySuper Balanced option returned 7.37% in the 12 months to 30 June 2025, while its Growth and Secure (lowest risk strategy) options returned 8.68% and 3.85% respectively. Australian Food Super ...

AWAG to snap up 20% stake in First Mutual

RIDDHIMA TALWANI  |  TUESDAY, 7 OCT 2025
... acquisition will help the wealth manager to boost its adviser count to approximately 40. It hopes to grow the number to 80-100 by June 2026. First Mutual's strategic associations are deemed central in helping boost growth of adviser numbers and resources ...

ASIC approval puts Cboe, ASX on level playing field

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... representing nearly $2 billion in daily trades. This comes as the ASX is looking to fast-track the IPO process to boost listings in June, initiating a two-year trial for eligible entities, following a decline in the number of listings over recent years. ...

APRA warns of super fund sustainability challenges

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... have grown by gaining new members and receiving more money through rollovers". The fund with the worst natural cash flows to June 2025 end was Challenger Retirement Fund with -11.6% over one year and -11% over three. APRA also looked at the operational ...

Managed portfolios now the default: AMP

ANGELIQUE MINAS  |  THURSDAY, 2 OCT 2025
... data showing total managed portfolio assets under management (AUM) has increased by 25% in FY25, reaching $256.24 billion by June 30. Report findings show that two thirds of advisers now use managed accounts, despite only one-third of advised assets ...