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Showing 211 - 220 of 3539 results for "October 2014"

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
Australian Ethical saw another quarter of positive net flows and investment performance, surpassing $13 billion during the quarter. Retail and wholesale net flows hit $173 million, while superannuation flows of $101 million were below recent quarters ...

SG Hiscock appoints head of research

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
SG Hiscock appointed Alastair McKibbin as head of research and consultants, having started in the role on 13 January 2025. He will be based in Sydney and will report to head of distribution Anthony Cochran. McKibbin will be responsible for further developing ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bennelong has welcomed its first client, Paragon IM, following the expansion of its trustee services offering in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests ...

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
Colonial First State (CFS) announced impressive returns for its balanced and growth equivalent funds throughout 2024. The FirstChoice Employer Super balanced option returned 13.8% in 2024, while the FirstChoice Employer Super growth option delivered ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, up from a 2.1% rise in the 12 months to October, according to the Australian Bureau of Statistics (ABS). The biggest jumps in prices were in food and non-alcoholic ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
Mergers, corporate fund closures and executive moves were the major motifs for Financial Standard readers this year. Unsurprisingly, further consolidation in the superannuation sector was a major driver of audience interest this year with a number of ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
According to the VanEck ETF Industry Pulse for November 2024, the Australian ETF industry reached a record $243 billion in funds under management, bringing it closer to $250 billion. This represents a 4.5% increase from October and a 42.5% rise from ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
Iress has reaffirmed its FY24 guidance of $126 million to $132 million adjusted EBITDA and said it expects it will achieve full-year earnings towards the top end of the range. Iress chief executive and managing director Marcus Price said the company ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...