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Showing 231 - 240 of 6511 results for "News"

Magellan sees more outflows

CHLOE WALKER | MONDAY, 6 MAR 2023

... follows Magellan reporting a rise in FUM at January end, seeing it grow by 2% despite $0.5 billion in outflows. The unfortunate news for the once prosperous Magellan comes after it reported a statutory net profit after tax of $83.8 million for the second ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN | THURSDAY, 2 MAR 2023

... Though, Dutton didn't directly answer whether the Coalition would index the $3 million in super. In an interview with Sky News, Dutton expressed that he believed that Australians' superannuation is their hard-earned money, and that the basic ...

Link Group secures mandate renewal

JAMIE WILLIAMSON | WEDNESDAY, 22 FEB 2023

... make super as easy to understand as possible, while leveraging our scale to deliver the best possible value to them." The news follows Link securing a mandate with HSBC as the latter builds out its pensions business in Hong Kong, a move that also signals ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER | WEDNESDAY, 22 FEB 2023

... raising highlights the momentum in the CQ platform - as we continue to grow it in a disciplined and diligent manner." The news comes as Qualitas shared its impressive financial results for the half year ended December 31 (1H23), up 117% on its net profit ...

Betashares A200 fees drop

CHLOE WALKER | WEDNESDAY, 22 FEB 2023

... Vynokur said. In what seems to be a growing trend, BlackRock has also slashed fees on two of its iShares ETFS, sharing the news with investors on Monday.

TrustQuay, Viewpoint merge to accelerate change

CHLOE WALKER | TUESDAY, 21 FEB 2023

... executive, while Viewpoint managing director Rolf Heemskerk will become chief information officer. "This is extremely exciting news for both Viewpoint and TrustQuay," Hale said. "Both businesses have distinct strengths and together we bring a 'best of ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN | FRIDAY, 17 FEB 2023

... vacancies, which have also fallen recently, and it seems that the labour market is starting to loosen." Bloxham said this is good news for the Reserve Bank of Australia (RBA), as it will take pressure off wages growth and inflation. "Falling employment ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON | WEDNESDAY, 15 FEB 2023

The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI | TUESDAY, 14 FEB 2023

... year is likely to be far more nuanced," said UBS equity strategist Richard Schellbach. "This means that the company-specific news that emerges though a results period becomes more valuable than ever." The investment giant said it predicts 2023 is likely ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA | MONDAY, 13 FEB 2023

... has already increased by 4% to $12.3 billion at the end of January 2023, Singh said, adding that "with positive economic news to come, our people stakeholders and shareholders would benefit over time". During the last six months of 2022, Fiducian launched ...

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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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