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Showing 391 - 400 of 7104 results for "December"

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... liquidation, operated a cryptocurrency exchange platform named ACX Exchange between 2016 and 2019. The platform collapsed in December 2019 when customers were unable to withdraw funds or cryptocurrency from their accounts - the liquidator, appointed ...

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

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
... broke the COVID-19 productivity bubble down into three phases. It found that in the initial "reallocation phase", from December 2019 to December 2020, productivity grew as lockdowns shifted the workforce away from industries with lower labour productivity ...

CSLR levy underspend expected as claim processing slows

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... (CSLR) is set to underspend its $24.1 million FY25 levy. The CSLR said that while the claim volume originally estimated in December 2023 is still expected to eventuate, claims have taken longer than anticipated to reach the CSLR and will now be received ...

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... benchmark, being the S&P Emerging Markets Infrastructure Index. The Martin Currie Property Securities Fund was incepted on 31 December 1994. It had about $21.2 million at April-end. Requiring a minimum $25,000 investment, the fund aimed to earn an after-fee ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... than 140-strong investment team towards these ambitions." Rest has around $93 billion in funds under management as at 31 December last year, ranking as the 10 th largest super fund by assets. With over two million members, it's also the third largest ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... a healthy position, seeing positive net member growth, high member advocacy, and a growing retirement segment. As at December end, TelstraSuper had 97,420 member accounts, some 71,540 of which were active. The median account balance was $152,000 and ...

Zenith to farewell co-founder, managing director

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... possible. He has since served as investment director. The business was acquired by private equity firm Five V Capital in December 2019 ; this was when Smythe exited. Less than two years later it was sold to London-based FE fundinfo for an undisclosed ...

Hearts & Minds chief exits

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... chief executive of Challenger Limited, as ASX-listed asset manager and retirement income provider." Jollie joined HM1 in December 2024. The board said since joining Jollie has undertaken a comprehensive review of the business and identified key opportunities ...

Productivity Commission identifies priority reform areas

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... August. The PC will then conduct further consultation to inform the final inquiry reports to be delivered to government in December.

Super funds covet more global equities: Research

KARREN VERGARA  |  MONDAY, 19 MAY 2025
... 2022, followed by 38 in 2023 and 28 in 2024. Furthermore, 400 companies delisted between 1990 and 2024. Between June and December 2024, J.P. Morgan's research calculated the purchase of $64 billion worth of domestic bank equity by super funds. "Historically ...