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Showing 361 - 370 of 8222 results for "June"

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... funds, charities that receive support from giving funds, advisers to funds and charities and peak bodies. They have until June 20 to express their interest. Other interested parties can make submissions until August 1.

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... "important for us to create some more competition around fees," leading SSGA to slash the management costs of six of its ETFs last June - by 30% to 60%. Three of those ETFs were poised to be the lowest-cost funds in their respective categories, a move ...

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... facility, main refinancing operations and the marginal lending facility will become 2%, 2.15% and 2.40% respectively from June 11. Inflation currently sits around the 2% medium-term target. Revising earlier estimates, the ECB now expects headline inflation ...

Australian Ethical names head of equities

MATTHEW WAI  |  THURSDAY, 5 JUN 2025
... welcoming a former Perpetual executive to its investment team. Nathan Parkin has been appointed head of equities, effective June 13, and will play a critical role in steering the ethical manager's investment performance. He brings more than 30 years' ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... 2023 and July 2024. This was because the fund allegedly incorrectly published the 10-year performance data to the end of June 2022 throughout financial year 2024, which made the performance look better than if it were calculated to end of June 2023. ...

BlackRock to list its first active ETF in Australia

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... bringing a US equities strategy. The iShares US Factor Rotation Active ETF (ASX: IACT), expected to list on the ASX in mid-June, is priced at 0.45%. It aims to outperform the broad US equity market based on six factors: value, quality, momentum, size ...

COVID 'masked' issues at core of productivity problem: PC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
... labour productivity rose to a record high between January 2020 and March 2022 before returning to pre-pandemic levels in June 2023, the Productivity Commission (PC) has revealed. New research from the PC investigated the causes of the bubble and found ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of a member's balance to 0.17%. At the same time, the maximum annual admin fee on a retirement ...

Challenger adds to board director lineup

MATTHEW WAI  |  MONDAY, 26 MAY 2025
Challenger has appointed two independent non-executive directors, while JoAnne Stephenson will retire on June 30. John Somerville and David Whittle have been added to the board of Challenger and Challenger Life Company, collectively bringing over 55 ...

Centrepoint Alliance locks in hundreds of Brighter Super advice clients

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... Matters. An additional 30 members are undergoing reviews and signing new agreements. Centrepoint said Brighter Super has until June 11 to complete its audit and provide final client counts and associated figures, which will determine the final settlement ...