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Showing 11 - 20 of 3673 results for "January"

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... stage of its lifecycle." This comes after the boutique fund manager also reported a US$10.5 billion increase in FUM from January 31 to February 29. In addition, GQG announced last month it would be launching a private markets business by acquiring Pacific ...

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... superannuation accounts for amounts totalling about $110,000, knowing that the forms were not genuine between, 23 July 2019 and 15 January 2020. During this time, he was a representative of the now-defunct Nextgen Financial Group, where he joined in ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... projects. In addition to appointments, legalsuper's executive lineup has also seen some departures in recent months. In January, the fund's executive manager, people and culture Jessica Lancashire left. This was one month on from the departure of chief ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... management business. Notably, Pendal Group, a long-term client of Charles River in Australia, was acquired by Perpetual in January 2023, cementing its position as one of Australia's largest multi-boutique asset managers with $213.9 billion in total assets ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January 2019. As part of the settlement, ANZ will pay $57.5 million, which is covered by a provision held at 30 September 2023. ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... particularly volatile, with financial markets expecting the Fed to cut policy rates at least six times this year. "The hot January and February inflation and jobs reports prompted markets to significantly revise their expectations, bringing them in line ...

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... and from controlling an entity that carries on a financial services business. ASIC said that between February 2021 and January 2023, while an authorised representative and responsible manager of Octillion Partner Pty Ltd, Rose recommended six self-managed ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... making advice more accessible and affordable for consumers, which is the stated aim of our government." The CSLR board in January provisioned for $241 million to fund the Australian Financial Complaints Authority (AFCA) claims between November 2018 and ...

MFS Investment Management appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
MFS Investment Management has named Alison O'Neil as its new chief investment officer, starting from 1 January 2025. O'Neil will oversee MFS's 300-person investment team, including fixed income, quantitative solutions, and global treading ...

Selfwealth expands leadership team

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... outcomes." Meantime, Samantha Powell is now head of marketing and communication at the broker platform. She joined in January from Pallas Capital. She has previously worked at the likes of Vanguard, NAB, BT and Macquarie. "We welcome Samantha's strategic ...