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Showing 221 - 230 of 6205 results for "SIX"

ETF market breaks through $280bn

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
... Latest findings from Betashares show ETF industry flows were "very strong", with net flows sitting at $21.6 billion in the six months to June 30, nearly doubling the $11 billion net flows in the previous corresponding period. Funds under management (FUM) ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... to notify ASIC despite becoming aware of the fees for no service, and delayed reporting the conduct to ASIC until at least six months after it was first identified. It is alleged that the misconduct occurred between January 2022 and October 2023, affecting ...

SIAA chief executive steps down

ELIZA BAVIN  |  WEDNESDAY, 9 JUL 2025
... of 2025 once a replacement has been appointed. SIAA chair Hamish Dee said Fox advised that she has decided to retire after six years in the role. Dee said Fox had provided outstanding leadership and has ensured that SIAA has played a pivotal role in ...

L1 Capital, Platinum seal merger deal

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
... started 18 months ago to return Platinum to where it was," Peters said. He added that the merger advances or completes all six of the goals outlined at that time. Those were to enhance investment performance, launch new capabilities and expand distribution ...

MA Financial makes $380m real estate investment

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
... and led by Australian developer David Devine. Burly Residences, located in North Burleigh on the Gold Coast, is the second six-star project in the company's portfolio, following the Royale Gold Coast development. MA Financial said both projects are now ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
... inaugural member of the Industry Super Australia joint marketing campaign steering committee, a position he held for over six years. According to Acenda's chief group insurance officer, Mark Puli, Sammartino will focus on enhancing Acenda's existing ...

HESTA returns 10.18% to members

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... strong performance for our members, particularly given the more volatile and uncertain period in global markets over the past six months," Blakey said. "The consistency of our returns over the long run can make a significant difference to our members ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... chief executive for Australia and New Zealand. This follows the retirement of Dee McGrath, who was with Link Group/MUFG for six years.

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... year shows it approved the release of more than $1 billion of superannuation on medical grounds, jumping 37% year on year. Six years ago, some $389.1 million was taken out of superannuation that was used for medical treatment for a member or a member's ...