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Showing 361 - 370 of 6466 results for "September"

Westpac appoints acting head of wealth

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... global search is undertaken for a permanent chief executive, business and wealth. King announced he would retire back in September after sitting at the helm of the bank for five years. Prior to that, King was Westpac chief financial officer since 2014 ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
... Rainmaker Information research shows. This group saw adviser numbers increase in aggregate by 8% in the 12 months to September. Conversely, groups with more than 250 advisers experienced a 6% dip year on year. There are 1884 AFSLs operating in Australia ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... regional security. But is it all it's cracked up to be? The landmark deal which the three countries entered on 16 September 2021 mandates Australia deliver nuclear-powered submarines over two stages spanning 30 years, reportedly costing taxpayers ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... prospects, while support for the most vulnerable should be maintained." The Australian Bureau of Statistics will release September monthly CPI data next week. The Reserve Bank of Australia has said it will be looking closely at the monthly CPI read to ...

Magellan launches first Vinva funds

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
... years, Magellan has seen its funds under management slashed from over $100 billion to now sit at $38 billion, as at September end.

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... June to lead the investment unit at CalPERS. Dunstan is the head of portfolio completion and has been with NZSF since September 2013. He previously worked at Collins Stewart as the co-head equity derivatives for Europe and ICAP in equity derivatives ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... have my doubts," Pearce said. "Why has Australia done well the last few months? It's all about China. At the end of September China announced some very significant stimulus packages to get the economy out of its slump. The impact on Australian stocks ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
Praemium has reported its funds and flows for the September quarter, with funds under administration growing 33% to $59.4 billion. In addition, quarterly net inflows came in at $139 million - this was a major improvement from the $414 million in outflows ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... and Hang Seng each gaining over 15%. "These markets represent top performers in 2024 following the sharp recovery in September," Morningstar said. Meanwhile, in the US, the Nasdaq and S&P 500 gained ground after the Federal Reserve's decision to cut ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
Generation Development Group (GDG) has reported record growth in the September quarter with its funds under management (FUM) now nearing $3.6 billion on the back of major inflows. GDG's FUM is up 33% - close to $1 billion - on the prior corresponding ...