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Showing 11 - 20 of 62 results for "last June"

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... with $1.7 million. The newly released APRA data also shows that AustralianSuper, which had $360 billion at the end of last June, spent a total of $52.9 million on total promotional activity with $39 million allocated to advertising. ART, with assets ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... videos had been deleted - later confirmed to be child abuse material. Cubilla was sentenced to seven years' imprisonment last June and will be eligible for parole in two years.

Hostplus names deputy CIO

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... investment officer Sam Sicilia. Most recently, Orr was head of investment research and real assets - a role she assumed last June after only seven months with the fund. "Congratulations! Today is your day. You're off to great places! You're off ...

Natixis, Generali merger creates $3.2tn fund manager

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... US to serve the constantly evolving needs of our customers..." Namias commented: "With our Vision 2030 plan launched last June, we expressed our ambition to expand in France, Europe, and beyond. It's very exciting to kick off a project that aligns ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... Street as its current custodian, NAB Asset Servicing (NAS), exits the market. The other key project cited, announced last June, was the transition of its super administration to GROW Inc from Mercer, which will "enhance our member portal and the services ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... complaints with the Australian Financial Complaints Authority if they have concerns about the advice they received. Last June, ASIC obtained interim orders from the Federal Court to freeze the assets of UGC and the Global Capital Property Fund. The court's ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ART launched the $370 million MIV. Its seed asset was the Switchyard in Auburn, NSW, which will deliver approximately ...

Industry Super Australia names new chair

ELIZABETH FRY  |  WEDNESDAY, 19 JUN 2024
... Cath Bowtell, who was the acting chair. Prior to Bowtell, Peter Collins led the board after Greg Combet stepped down last June. ISA noted Mecchi has held leadership positions in several industries and is a well-known expert in marketing strategy in superannuation. ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... in 2023, 2.9% in 2024, and 2.2% in 2025," it explained. It acknowledged the barrage of rate hikes handed down since last June has played a role in creating tighter financial conditions, which in turn have subdued demand, "which is an important factor ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... subsequent impacts to their wellbeing, health, and wealth," he said. Lumiant secured several cash injections year to date. Last June, Savant Wealth Management injected $3 million to help with expansion plans and in September, it received an undisclosed ...