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Showing 3011 - 3020 of 7106 results for "June 2023"

Growth in super and investment FUMA stagnant

KERRIE SYDEE  |  THURSDAY, 8 SEP 2016
Funds under management and advice (FUMA) held in retail and wholesale managed funds increased by 0.2% to $1.117 trillion over the 12 months to June 2016, with retirement income the only segment experiencing strong growth. The DEXX&R Market Share Report ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
Australian GDP The Australian Bureau of Statistics (ABS) released the country's National Accounts report showing that while the economy's quarterly real GDP growth halved to 0.5% in the three months to June from 1.0% in the March quarter, the annual ...

Morgan Stanley pays $123,750 penalty

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Morgan Stanley Australia has paid a penalty of $123,750 to comply with an infringement notice handed down by the Markets Disciplinary Panel (MDP). The MDP said it had "reasonable grounds" to believe that Morgan Stanley had contravened subsection 798H(1) ...

Wingate appoints new CEO

ALEX BURKE  |  TUESDAY, 6 SEP 2016
Wingate Asset Management has appointed a new chief executive. Jamie Mead joins Wingate from Tyrus Capital in London, where he was a founding partner. Prior to that, he worked at US$4 billion hedge fund Deephaven Capital Management, and has also held ...

ISPT outlines ESG commitment

DARREN SNYDER  |  FRIDAY, 2 SEP 2016
Industry Superannuation Property Trust (ISPT) has published an environmental, social and governance document outlining its commitment to best practice in the investment and funds management sector. The document, ESG Beyond Financial Performance, highlights ...

Voya names new chief executive

MARK SMITH  |  FRIDAY, 2 SEP 2016
Voya Investment Management has promoted its chief investment officer of fixed income to the role of chief executive. Christine Hurtsellers, who has been fixed income CIO since 2009, officially took over the reins on 1 September, reporting to Voya Financial's ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
... straight quarter of year-on-year contraction. Spending on buildings & structures dropped by 10.6% in the three months to June (down 25.6% year on year) while expenditure on equipment, plant & machinery increased by 2.8% (down 3.0%). The mining sector ...

Future Fund ahead of target on tenth birthday

MARK SMITH  |  THURSDAY, 1 SEP 2016
The Future Fund has celebrated its tenth anniversary by passing a significant funds under management milestone after achieving ahead of target performance numbers. At 30 June the flagship Future Fund reached $122.8 billion in funds under management ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Inflows and performance boost Australian Ethical profits

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Australian Ethical has extended its run of strong financial performance, raising net after tax profits 53% to $3 million in the 12 months to 30 June. The rise in profits was driven by net inflows of $319 million, up 78% on last year. Group funds under ...