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Showing 251 - 260 of 8221 results for "June"

IML debuts income-focused ETF

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... bank hybrids being phased out," he said. An affiliate of Natixis Investment Managers, IML had US$2.6 billion at the end of June 30. The fund manager adopts both a quality and value investment style, using an active 'bottom-up' approach to identifying ...

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... said in an ASX update. Platinum's funds under management (FUM) whittled down 39% to $7.9 billion in the 12 months to June. About $5.6 billion in net outflows left the fund manager during the period. The redemptions also took a toll on management ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... ban and had asked for stay and confidentiality orders but later withdrew that request. The review application was heard on June 30, July 1 and July 2 and the decision has been reserved, ASIC said. UGC collapsed in July 2024 and was ordered to be wound ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... Provisional liquidators are also being sought for Venture Egg and United Financial Advice. ASIC cancelled the AFSL of FSGA on June 7 and permanently banned its responsible manager Graham Holmes. ASIC deputy chair Sarah Court said this action is the latest ...

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... 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 October. Rigall became chief investment ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... losses. For product lines, revenue for individual disability income insurance (IDII) steadily increased over the 12 months to June to $1 billion. Group disability income insurance reported revenue of $732 million, which is 4% lower year on year. Meanwhile ...

TCorp chief executive retires, successor named

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
... after tax of $165 million, a rise of 18%, resulting in a $140 million dividend for New South Wales for the financial year to June 30. TCorp said the results reflect strong momentum and discipline across the financial markets and investment management ...

Betashares launches first private credit fund

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
... secured, floating-rate loans to healthy US businesses. The underlying fund has delivered a 9.63% net annualised return, as at 30 June 2025, in USD since its inception in June 2019. "By enabling responsible access to a high-quality private credit exposure ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... relevant trustees to reinforce the expectation there is an enduring performance improvement for members." As at the end of June 2025, no MySuper products or non-platform TDPs failed APRA's annual test.

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... acquisitions". KAM's responsible entity (RE), trustee and administration business drove FUM growth in the 12 months to June, reaching $4.7 billion. Its ETFs and listed fund services had $303.3 million while the funds management and investment advisory ...