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Showing 301 - 310 of 6205 results for "SIX"

Managed accounts sector grows to $233bn

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
... than $10 billion in assets. Milliman practice leader for Australia Victor Huang said markets recorded strong growth in the six months to December 2024 with a 6.9% rise in the ASX/S&P 200 Accumulation Index. Annually, this was an 11.1% increase. "This ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... cocaine, and of supplying a commercial quantity in Alice Springs between December 2017 and July 2018. Shortland was sentenced to six and a half years in prison, with a non-parole period of four years on 16 December 2021. His non-parole period expires ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... proposals. "The IFL board will provide both parties access to confirmatory due diligence that is expected to be completed within six weeks," the board said. The exclusivity deeds agreed with both Bain and CC Capital permit Insignia Financial to continue ...

Ares builds up wealth team with Fidante poach

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
After six years at Fidante Partners, Matthew Holberton has left to join Ares Wealth Management Solutions. The private markets specialist joins the US$$484 billion alternatives investment giant as a principal even as country head John Knox beefs up his ...

JBWere nabs duo from Perpetual

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... considered environmental, social and governance objectives. Previously he was a financial adviser at Nexia Edwards Marshall for six years. Commenting on this new phase of his career, Hurley said JBWere's trusted brand has always stood out to him ...

PIMCO names wealth management lead

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... and not-for-profit organisations. Previously, he worked for Ascalon Capital Managers, part of the Westpac Group, for over six years. He has 20 years of investment experience. This is the third local promotion at the US asset manager. PIMCO last week ...

REITs to finally see 'watershed' moment: Research

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
... however, remains the only detractor. "We found that on a weighted-average basis, cap rates expanded just +3bps in the past six months, and by +21bps in the 12 months to Dec-24. Asset values declined in Office, but on an aggregated basis, all other sectors ...

Praemium names interim CFO

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
... million in revenue, which jumped 32% year on year, while NPAT moved in the same trajectory to reach $5.8 million. During the six months, Wamsteker said Praemium launched Spectrum for high-net-worth (HNW) clients, repriced its core separately managed ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... within two months and only a small fraction dragging beyond a year. For TPD claims, however, while most are wrapped up within six months, 14% of claims take between six and 12 months, and around 5% exceed a year. Claims processing times improved between ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... Australian Custodial Services Association (ACSA) shows BNP Paribas' total assets under custody rose 12.2% to $540 billion in the six months to December last year. Over the period, it secured a $4.4 billion mandate from The University of Sydney Endowment ...