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Showing 291 - 300 of 6464 results for "September"

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... from $78 per annum to $66.04 pa. This will be on top of the 2% reduction in insurance fee rates which were announced in September 2024. "That's just the start of the potential benefits we see ahead - our modelling of the impacts of the merger indicates ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... the year, delivering about 20% and 30% respectively. Platinum's board rejected Regal's takeover bid in late September. Last month, the two parties confirmed they have walked away from any potential deal. "Regal's growth-focused strategy remains ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... consumer, he said, and whether eagerly awaited fiscal stimulus follows the sweeping economic measures introduced in September to boost liquidity, stimulate consumer spending, and revitalise the real estate sector. "This will not only have implications ...

GQG ends year with $32.7bn net inflows

ANDREW MCKEAN  |  THURSDAY, 9 JAN 2025
... institutional channel continued to see "moderate redemption pressure" due to asset allocation and rebalancing changes. Last September, GQG managing director Laird Abernethy told Financial Standard that while the firm has seen strong gross flows from ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
... traded under ticker code EP1, officially left the ASX on December 27. The firm flagged its intentions to ditch the ASX in September, claiming it was materially undervalued thanks to the barrage of regulatory proceedings and class action litigation it ...

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... performers. Regal grew its funds under management (FUM) to $18 billion at the end of December, marking a 4.6% rise on the September quarter. Some $700 million was net inflows recorded in the last three months of 2024. Regal also scored a $200 million ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... person to be sentenced for criminal offences relating to Courtenay House. Iervasi was sentenced to prison for 11 years in September with a non-parole period of seven years. He was also the director of Courtenay House Trading Group and Proactive Property. ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... board concluded that size and scale are "increasingly important" to serving members' best financial interests. In September TelstraSuper and Equip announced the funds had signed a non-binding Memorandum of Understanding and commenced a due diligence ...

Ares appoints EQT as RE for private market fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
... is thrilled with the announcement as the fund aims "to deliver attractive risk-adjusted returns" for investors. As at September 30, Ares' global platform had approximately US$464 billion of assets under management. EQT also secured responsible entity ...

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... asset owners on a range of investment-related issues. NZ Super chair John Williamson - who also extended his term to 30 September 2026 - has welcomed Brake's appointment to the board, saying her experience would be a great asset to the Guardians ...