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Showing 211 - 220 of 7069 results for "June 2014"

NZ Super delivers 11.84%

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
The New Zealand Superannuation Fund has delivered a pre-tax return of 11.84% after costs for the year ended 30 June 2025. Total fund size was up $8.4 billion from a year earlier, ending the 2025 financial year at $85.1 billion. Guardians of New Zealand ...

Iress confirms new chief executive

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
Iress has appointed Andrew Russell as its new group chief executive and managing director, effective November 17. Russell is set to take over the role from Marcus Price who has stepped down effective immediately. In the interim, Iress chief executive ...

Australian economy 'stronger than expected'

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
Australian gross domestic product (GDP) rose 0.6% in the June quarter and was up 1.8% compared to a year ago, according to figures released by the Australian Bureau of Statistics (ABS). Commonwealth Bank head of Australian economics Belinda Allen said ...

IML debuts income-focused ETF

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
IML has launched an actively managed income-focused ETF on the ASX, spun off from its Equity Income Fund. The Investors Mutual Equity Income Fund Complex ETF (EQIN) was admitted on the exchange yesterday. EQIN aims to provide a dividend yield after ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
Former United Global Capital (UGC) adviser Milutin Petrovic is banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
ASIC has heaped more allegations against former financial adviser Ferras Merhi, claiming he engaged in "unconscionable conduct" related to the First Guardian Master Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said ...

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
Clime Investment Management's chief investment officer has resigned from the post three years after being appointed. Will Riggall tendered his resignation in June. He also exits as a director of the ASX-listed firm, a role he was appointed to last ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
Life insurers' earnings have more than doubled to $360 million in the 2025 financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment ...

TCorp chief executive retires, successor named

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
After 10 years of leadership, David Deverall will be retiring as TCorp's chief executive on 4 December 2025. Deverall will be succeeded by TCorp general manager, financial markets Rob Kenna, effective from 5 December 2025. Kenna is responsible for ...

Betashares launches first private credit fund

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
Betashares has launched the first offering from its newly established private capital division, the Betashares Private Capital Cliffwater Private Credit Fund. The unlisted fund provides wholesale investors and financial advisers with cost-effective ...