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Showing 311 - 320 of 6948 results for "March"

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... anticipated public inquiry into the failures of Dixon Advisory, which was slated to provide a report by the last sitting day of March 2025. The Financial Advice Association Australia (FAAA) general manager of policy, advocacy and standards Phil Anderson ...

HMC Capital progresses re-tenancy of Healthscope hospitals

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... NYSE-listed Medical Properties Trust offloaded all its interest to HMC in the 11 private hospitals leased to Healthscope. In early March, HCW and UHF issued breach notices to Healthscope for failing to pay rent due for the month. "Part payment of the ...

Magellan sees $1bn monthly outflows

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
... $900 million in net institutional outflows. However, total assets under management (AUM) increased from $37.5 billion in March to $38.5 billion in April due to Magellan taking over as a responsible entity of the Vinva Global Alpha Extension Fund, which ...

Ellerston Capital awards distribution mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... Tyro. Since its 2018 inception, it's returned 14.89%. Meanwhile, the Ellerston Mid Cap Opportunities Fund was launched in March and invests in a portfolio of between 25 and 40 medium capitalisation, ASX-listed companies. Its top holdings are Generation ...

ETF Shares introduces three ETFs on Cboe

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... Graham Tuckwell, who is David's father. VanEck estimates that the local ETF market hit $249.4 billion at the end of March based on a total number of 410 ETFs. Inflows reached about $3 billion during the quarter, with gold-based ETFs comprising five ...

Rest details internal program to reform death benefit processes

ANDREW MCKEAN  |  FRIDAY, 2 MAY 2025
... comes on the back of ASIC's review into the death benefit claims handling practices of 10 superannuation trustees in March. ASIC's review found Rest had resolved just 8% of claims within 90 days - the lowest rate among the trustees assessed. ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... Challenger has yet to deliver on its full potential of building solutions for its clients to drive sales. For example, its March quarter annuity net book growth was 1% lower than Morgan Stanley's estimates and the total life book growth was negative ...

CFS allots Martin Currie two mandates

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... the objective, strategy, risks or minimum suggested timeframe of these options," CFS said. The changes were effective in March. Martin Currie declined to comment on the new mandate other than saying it will continue to run its investment philosophy and ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
The March quarter saw a jump in the number of financial advisers in Australia, reaching 15,546, according to Rainmaker Information. During the three months, 228 advisers joined the industry, according to the latest Rainmaker Financial Adviser report. ...

ASIC bans unlicensed WA adviser

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... been active in the industry since 2004. Kendrick was an authorised representative of Great Southern Securities between 8 March 2004 and 21 October 2005, Professional Investment Services between 22 July 2009 and 7 April 2010, Jigsaw Support Services between ...