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Showing 341 - 350 of 7031 results for "December"

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... of prices statistics Leigh Merrington said. "Annual inflation to the March 2025 quarter of 2.4% was unchanged from the December 2024 quarter." Trimmed mean, or underlying, annual inflation was 2.9% in the March quarter, down from 3.3% in the December ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... superannuation savings is an enforcement priority. ASIC updated its guidance on conflicted and banned remuneration (RG 246) in December 2020, and released an information sheet in December 2022 to help advice providers comply with their legal obligations ...

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA  |  MONDAY, 28 APR 2025
... Investment Management and Virtus Investment Partners each launched actively managed ETFs with private credit exposure last December. State Street Global Advisors (SSGA) launched an actively managed private credit ETF in February with the aim to provide ...

Northern Trust appoints sales lead for asset servicing

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
... business development experience, having previously specialised in IT and consulting before joining Northern Trust. As of December 31, 2024, the custody and asset management giant had assets worth US$16.8 trillion under custody/administration.

Generation Development Group enters ASX 200

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
... ASX 200. The group's funds under management (FUM) increased to $26.8 billion in the March quarter from $25.4 billion in December last year, following the acquisition and integration of Evidentia Group, according to an ASX announcement. Lonsec Investment ...

OneVue, Spectrum drive Praemium to record FUA

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... contributing strongly was the new IDPS solution Spectrum, which had $440 million in net inflows over the three months. As at December end, it had just $73 million in FUA. "We are pleased with the ongoing interest in this product across the private wealth ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... relationship, with Mercer having served as the fund's administrator for more than 20 years. APRA data shows that, as at December end, the fund had total assets of $676 million. It has 1690 member accounts, about 720 of which are active. The median ...

AOF asset settlement delayed, on track for June delisting

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... third property, AOF announced in February that the sale of 468 St Kilda Road, Melbourne settled for $41.5 million. On 17 December 2024, nearly all (99%) of unitholders approved the disposal of AOF's main undertaking and delisting. AOF had net tangible ...

Warakirri adds kiwifruit aggregation to farmland fund

ANDREW MCKEAN  |  TUESDAY, 22 APR 2025
... April 2021 and secured two foundation assets in the stone-fruit sector a year later, before acquiring two vineyards in December 2022. Warakirri Farmland Fund portfolio manager Steve Jarrott noted that the Goulburn Valley acquisition added a "prime horticultural ...

Institutional capital returns to retail real estate after hiatus

ANDREW MCKEAN  |  THURSDAY, 17 APR 2025
... 2.5% over the decade to 2024. Household finances are also expected to improve because of inflation falling to 2.4% in December 2024, down from a peak of 7.8% two years earlier. The continued flow-through of income tax cuts, positive real wage growth ...