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Showing 301 - 310 of 5257 results for "Jan"

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
Metrics Income Opportunities Trust will acquire 100% of BC Investment Group (BCI) for $140.3 million from FEC Capital - which currently holds a 53.2% stake - and other minorities including management. Metrics Income Opportunities Trust, which is managed ...

GCQ enters ETF market, expands sales team

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
Doug Tynan's GCQ Funds Management joins a growing number of active managers to enter the exchange-traded fund sector. The Sydney-based firm's flagship fund will trade on the ASX as an active ETF providing investors with access to GCQ's concentrated ...

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
Qantas Super deputy investment officer has moved to Cambooya, the family office for the Fairfax family. Chris Grogan joins Cambooya in the same role. The investment professional was also Qantas Super's head of defensive assets. In that role, he ...

Team Super finalises leadership

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
Team Super has made two appointments to its senior executive team - a chief growth officer and a new finance chief. The new hires come one month after Sara Foreman joined as chief retirement officer from Aware Super. A former Australian Super executive ...

HESTA hunts for portfolio construction and risk specialist

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
HESTA's general manager of portfolio construction and risk has exited the $93 billion super fund, underscoring the high number of senior turnovers in big super. The superannuation fund confirmed that Michael Sommers had exited and that it was looking ...

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
For the half-year ending 31 December 2024, Australian Ethical reported its net profit after tax (NPAT) increased by 50% to $9.3 million. The underlying profit after tax (UPAT) was up 35% to $11.5 million, and as previously mentioned, the ethical manager ...

NGS Super shutters direct investment option

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
NGS Super will close its Self-Managed Direct Investment Option, saying it is no longer viable to continue offering the service. NGS Super's Self-Managed Direct Investment Option (DIO) was provided via OneVue Wealth Services. However, OneVue has advised ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
The monthly Consumer Price Index (CPI) indicator rose 2.5% in the 12 months to January 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "Annual CPI inflation at 2.5% in January was the same as it was in December 2024," ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
Macquarie Group has terminated the Macquarie Master Capital Stable Fund, claiming the fund does not have "sufficient scale" to remain viable. The bank has commenced the wind-up of the fund's assets and unitholders' share of the net proceeds of the termination ...