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Showing 391 - 400 of 7032 results for "December"

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
... reporting to group chief executive Paul Barrett. Blackledge left Fitzpatricks in August 2024. She became chief executive in December 2020 after serving 18 months as chief financial and operating officer. Prior, she served as chief financial officer at ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December and KKR pitching a revised offer this month, Perpetual said the parties could not agree to an alternative transaction. "After ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... must also publish the determination and details of it on its website. AustralianSuper self-reported to the regulators in December 2021. "We then informed impacted members, completed a comprehensive remediation program to compensate them, and cooperated ...

Alpencrest ramps up expansion, signs Aussie affiliate

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... Alpencrest for its Australian small cap equity strategy. Price said LSN recorded a strong three-year track record in December 2024 with a 7.1% p.a. outperformance above the Small Ordinaries Index. "LSN focuses on identifying high-quality, underappreciated ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... Custodial Services Association are a testament to our ability to offer a differentiated service model," he said. As of December, ACSA ranked Apex as number one in Australia for assets under administration, competing alongside global custodians. "We are ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... a binding agreement with SS&C to transform and simplify the Master Trust business. It reached an initial agreement in December, today confirming some 1400 workers will transfer to SS&C. They currently work across administration, technology and digital ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... to fix this. ASIC's most recent effort to bolster compliance with the reportable situations regime, introduced in December 2021, came in December last year when it reviewed adherence, and issued prompts to help licensees strengthen their practices. ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class grew by 9.2% ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...