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Showing 21 - 30 of 100+ results for "March"

Rating houses recommend Pengana funds

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... Ethical Fund and Pengana International Fund - Ethical Opportunity, after Jordan Cvetanovski and Steven Glass left abruptly in March. Former executive director of business strategy and distribution Joy Yacoub left shortly after Cvetanovksi and Glass ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... Investments/Developments and Paradise Property Group, are under the close watch of ASIC. ASIC alleges that between at least 1 March 2017 and 16 December 2020, they advised some 300 clients to establish self-managed superannuation funds and invest in ...

ASI appoints Asia Pacific wholesale head

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
... deliver a broader suite of sustainable investment solutions to APAC clients as a part of its regional growth strategy. In March, ASI welcomed a new chief executive for Asia Pacific region, Rene Buehlmann, taking over from Hugh Young.

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... the balances it holds which is equivalent to the increase in the Consumer Price Index (CPI), or 1.1% in the 12 months to March 2021. In contrast, the average investment return of superannuation funds is usually around 7%, with the year to June 2021 returning ...

Netwealth hires head of investment solutions

JAMIE WILLIAMSON  |  WEDNESDAY, 11 AUG 2021
... Yarra Capital completed its acquisition of Nikko's Australia business in April after having first announced the deal in March this year.

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... that the responsible entities of the funds were responsive to the increased valuation risks during its review period of 1 March and early November 2020. "They continued to provide timely valuations of their illiquid assets, including by increasing the ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... institutional business. About 800 Citi employees are expected to join NAB. NAB said it expects the transaction to complete by March 2022, and that it needs approval from the Treasury, APRA and ACCC. Citigroup will continue to operate the consumer banking ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... price-sensitive information. It also extended virtual annual general meetings -- which were introduced during COVID -- to 31 March 2022. The allowance includes sending shareholder materials and signing corporate documents electronically. The government ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... would hold 50% of the ASX, as their share trended upward by about four percentage points every five years. However, using March-end data, the research house now predicts super funds will only hold 41% of the ASX come 2030. As at March 31, they held 37%. ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... really pleased that, as an industry fund, Sunsuper has acknowledged the importance of it and put it into play," Ryan said. In March 2021, Sunsuper and QSuper agreed to merge and create a $200 billion superannuation fund with two million members.