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Showing 401 - 410 of 14032 results for "Down"

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... introducing 'tell-us-once' legislation. Delahunty was present on day one of the Roundtable where she presented ways to cut down on duplication including recommending a 'tell-us-once' principle of reporting. "The government's announcement it will be introducing ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... also up, coming in at $1.4 billion, an increase of close to 5% on the prior corresponding period. Operating expenses were down 5.9% or $60 million. Over the year, Insignia's average funds under management and administration increased 7% to $323 billion. ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... ASIC found that 28% (or 2139 reports) of all reports were for scam related conduct. It added that, to June 30, it has shut down an average of 130 scam websites each week. Commenting, ASIC chair Joe Longo said the data underscores ASIC's focus on consumer ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
... portfolio since June 2023," Jones said. VG1's FY25 performance was marred by biotech company Opthea, which was written down to zero after unsuccessful phase three clinical trials. "This was a disappointing outcome for VG1 investors and offset some ...

Only half of advice practices report positive earnings: Investment Trends

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
... significantly higher among the top 20% of practices. "We are seeing a strong focus on operational efficiency that is driving down both operating and advice production costs," he added. "Ongoing advice fees are significantly higher among the top 20% of ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... largely driven by investment market performance and partially offset by net outflows. Statutory NPAT of $165 million was down 31% compared to FY24. "The strong growth from our strategic partners and an increase in distributions from our fund investments ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... 57%, driven by strong performance across equity and fixed income managers. Fidante ended FY25 with $95.5 billion in FUM, down from $100.1 billion from the prior period. Total FUM for the funds management unit, which comprises Fidante and Challenger Investment ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... subsequently became chair of ART in October 2022. After close to a decade of service, Fraser said "now was the right time" to step down. "It's been an honour to serve our members, dating back to the Sunsuper days prior to the merger that created ART," ...

Vision Super divests G8 Education over abuse charges

JAMIE WILLIAMSON  |  MONDAY, 18 AUG 2025
... the possible broader implications for the childcare sector at large. Vision Super's holding, which is now being sold down, was valued at about $3.3 million; the fund has also asked its investment managers not to hold the stock. "The media coverage ...

Aberdeen to terminate three funds

MATTHEW WAI  |  MONDAY, 18 AUG 2025
Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size. The abrdn International Equity Fund, abrdn Multi-Asset Income Fund, and abrdn Multi-Asset Real Return Fund will be terminated ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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