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Showing 231 - 240 of 6464 results for "September"

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... concluding it was not going to be in the best interests of TelstraSuper members. They had been in discussions since at least September, when they first announced a Memorandum of Understanding had been signed. It was to be a "merger of equals" which would ...

Zenith to farewell co-founder, managing director

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... FE fundinfo. The research house confirmed Huddy will exit the firm in July, shortly before Wright who will leave in September. In a statement, Zenith said: "Both individuals believe that their ambitions for the business are no longer aligned with the ...

Super funds covet more global equities: Research

KARREN VERGARA  |  MONDAY, 19 MAY 2025
... shift in their approach to bank investments," Steed said. For example, in the year to December 2008, March 2016, and September 2020, when bank share prices fell 44%, 26% and 35% respectively, super funds' net inflows into banks reached $5 billion ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... of return), and found the performance of each returned 8.3%, 12.1%, and 14.7%, respectively, in the five years to 30 September 2024. "Over the long-term, funds with more illiquid investments such as unlisted infrastructure have experienced higher risk-adjusted ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... 134,000 members) transitioned to GROW last year, it had a limited services period of around seven weeks, between 17 September and 4 November 2024. When Australian Ethical reported its quarterly results in January of this year, the fund noted that the ...

Mercer Super recruits whistleblower as risk chief

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... was appointed following the departure of Norlena Brouwer, who arrived at the start of 2023 from Hostplus and left in September 2024. Before working at UniSuper, the risk specialist spent three years at Deloitte and 16 years at National Australia Bank. ...

Australian private capital sector totals $139bn: Report

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
... year-on-year to the lowest total since 2014. Hence, private capital AUM was fairly static, standing at $139 billion as of September 2024, largely unmoved since December 2023. Private credit has become an attractive asset class among global private wealth ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... detect and respond to similar issues occurring in its futures dealing and OTC derivatives businesses in the future. Last September, ASIC slapped Macquarie a $5 million fine for its failure to curb suspicious order transactions on electricity futures. ...

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... million. However, new lump sum sales edged up 1.3% in the December quarter to $203 million. This was up slightly from the September quarter, but still down 5.3% from the same quarter a year earlier. The attrition rate for individual lump sum policies ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... the Australian Financial Complaints Authority (AFCA). The firm hadn't complied with AFCA's determination, issued in September last year. Brite's local licence cancellation comes as its wider operations unravel across several jurisdictions. The company's ...