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Showing 391 - 400 of 4546 results for "October"

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... This comes as CBA also released its Household Spending Insights (HSI) Index which showed an increase of 0.8% to 152.5 in October. The strength in spending on household goods was driven by spending at online marketplaces, hardware stores and discount ...

Mason Stevens names head of asset allocation

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... allocation, and wished him well in his future endeavours. Macri was only in the role for about a year, having joined in October 2023. "We are excited to welcome Brad to the team. His wealth of experience and passion for delivering exceptional client ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... to improve the core business and stabilise funds under management (FUM), which dwindled to $12.2 billion at the end of October. To do that, Platinum will add new products managed in-house and partner with third parties that operate in asset classes that ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
The Australian ETF industry continues to see strong inflows, according to the VanEck ETF Industry Pulse October 2024, reaching a record $233 billion in funds under management. This is up 2.7% from September 2024 and up 54.5% from October 2023. Betashares ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... claiming material breaches of contract and pre-contractual misrepresentations. ESSSuper and Iress first signed a deal in October 2019 for administration services, with the fund signing on to outsource its admin function to Iress' Automated Super ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... Partners' funds under management (FUM) has taken a small tumble, slipping from US$161.6 billion to US$159.4 billion in October. The investment management firm's last dip in FUM occurred in April this year. GQG also reeled in US$3 billion in net ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... partially franked at 70%. ANZ said the result reflected several one-off events related to the acquisition of Suncorp Bank. In October, ANZ announced its profit was impacted by a new after-tax charge of $196 million in respect of one-off acquisition accounting ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... resulting in a period of structurally higher inflation." Magellan managed $38 billion in assets under management at the end of October, which was steady month on month.

Qantas Super standardises offset account investments

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... at the time of the fund's merger with ART will be treated as offset accounts. Accounts with a negative balance as of 31 October 2024 will now increase or decrease in line with investment returns, mirroring the adjustment applied to offset accounts. Qantas ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
... however member comments across the fund's social media pages suggest the issues may have begun as early as Saturday, October 26. On Facebook, in response to a member who questioned whether the fund had been hacked, ART said the issue was caused by ...