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Showing 21 - 30 of 6437 results for %22%25 December%22

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... private equity and venture capital (VC) has a combined AUM of $65.5 billion, as of June 2023, which was 30% higher than in December 2021. Real estate AUM grew by 28% from December 2022 to June 2023 to become the largest asset class with $55.7 billion ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... Paul Murray took over as chief investment officer at legalsuper on March 11, succeeding Norman Zhang who departed in December 2023 for a role at Koda Capital. Murray was most recently interim head of alternatives at Future Fund, a role he took on after ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... one of Australia's largest multi-boutique asset managers with $213.9 billion in total assets under management as of 31 December 2023.

Super SA names chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... governance. It's been about nine months since Bennett resigned, citing personal reasons. She had served in the role since December 2017, including a contract extension to see through the embedding of Fund Selection and Limited Public Offer.

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... covered superannuation, conduct in selling complex financial products, shareholder class actions, and data breaches. On 22 December 2023, a class action was filed against Rest alleging it signed new members up for income protection cover by default. ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... hand" seeing it cut rates from mid-year with three 0.25% rate cuts by year end, taking the cash rate down to 3.6% by December. Meanwhile, State Street Global Markets head of APAC macro strategy Dwyfor Evans said: "The RBA kept the cash rate on hold as ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... we're renaming High Growth, will be open to all members. This option delivered a return of 8.95% p.a. over 10 years to 31 December 2023, securing the number one spot in the SuperRatings SR50 Growth Index over that period," she said. The fund's Lifecycle ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... the successor fund transfer with the Alcoa of Australia Retirement Plan, one year on from discussions kicking off. In December 2022, Alcoa Super informed members it was on the hunt for potential merger partners after an independent review by KPMG found ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... said. "ASIC will take action where appropriate to reinforce the independence requirements." Between 1 October 2023 and 31 December 2023, ASIC acted against nine SMSF auditors where it believed they did not meet the required standards, including concerns ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received their share of $40 million after 111 systemic ...