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Showing 341 - 350 of 6466 results for "September"

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... around $2.5 billion for the first quarter of the 2025 financial year, covering the period between 1 July 2024 to 30 September 2024. That was flat on the corresponding period a year ago. CBA increased home loans by $8.6 billion over the period with a ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... Financial Standard understands that about 7500 member claims have been impacted by the delays in claims processing since September 2022 through to this month, and that Cbus has since taken action to improve servicing with additional people deployed across ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... important added source of new revenue over time, enabling us to broaden our ability to better serve investor needs." In mid-September Platinum received an unsolicited confidential, non-binding, indicative proposal from Regal Partners under which shareholders ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... VanEck ETF Industry Pulse October 2024, reaching a record $233 billion in funds under management. This is up 2.7% from September 2024 and up 54.5% from October 2023. Betashares also released its monthly Australian ETF Review, showing year to date industry ...

Small caps boutique merges with Conduit Group

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... Companies Fund which, since inception, has returned 44.4%. The fund has about $370 million in funds under management as at September end. Spatium Capital and Conduit Group said merging "will consolidate years of positive interaction between both parties," ...

Betashares launches ethical fixed income ETF

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... Betashares' ethical and responsible range, which has now amassed a combined funds under management (FUM) of $5.6 billion as at September 30. Earlier this year, Betashares highlighted the boom in ethical themed ETFs seen in 2023. At the time it said ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... criminal links at the casino. Perpetual is not the only investment house to fall victim to being invested in Star. In September WAM portfolio managers Matthew Haupt and John Ayoub admitted they "got the call wrong" when they took a 4% stake in Star in ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024, it still requires approval from the court. The bank said there "remains uncertainty" over the expenses that may be associated ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
Macquarie Group has posted a net profit of $1.6 billion for the half year ended September 30, marking a 14% increase from the previous corresponding period. Macquarie managing director and chief executive Shemara Wikramanayake said improved performance ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... to Rainmaker Information, CareSuper's default balanced option has delivered a 7.3% annual return over the decade to September 30. Similarly, Spirit Super's default balanced option posted 7.4%.