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Showing 411 - 420 of 7104 results for "December"

MA Financial taps top exec for critical job

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... Credit Income Trust. Earlier this year, the company also said it is targeting assets under management of $15 billion by December 2026. "Kit Toh's appointment to head of Asian distribution, where she will progress our capital strategy in the region ...

ASX admits CHESS tech staff 'stretched'

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
The ASX has completed a resourcing and capability review for CHESS, after an outage occurred in late December 2024 which saw a "technical issue" on the CHESS Batch Settlement that disrupted and delayed several days' trade settlements. This outage ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from $30 billion reported in December 2024. It was affiliate Pennybacker Capital, a real asset investment manager, that boosted the group's total FUM driven ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... of prices statistics Leigh Merrington said. "Annual inflation to the March 2025 quarter of 2.4% was unchanged from the December 2024 quarter." Trimmed mean, or underlying, annual inflation was 2.9% in the March quarter, down from 3.3% in the December ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... superannuation savings is an enforcement priority. ASIC updated its guidance on conflicted and banned remuneration (RG 246) in December 2020, and released an information sheet in December 2022 to help advice providers comply with their legal obligations ...

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA  |  MONDAY, 28 APR 2025
... Investment Management and Virtus Investment Partners each launched actively managed ETFs with private credit exposure last December. State Street Global Advisors (SSGA) launched an actively managed private credit ETF in February with the aim to provide ...

Northern Trust appoints sales lead for asset servicing

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
... business development experience, having previously specialised in IT and consulting before joining Northern Trust. As of December 31, 2024, the custody and asset management giant had assets worth US$16.8 trillion under custody/administration.

Generation Development Group enters ASX 200

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
... ASX 200. The group's funds under management (FUM) increased to $26.8 billion in the March quarter from $25.4 billion in December last year, following the acquisition and integration of Evidentia Group, according to an ASX announcement. Lonsec Investment ...

OneVue, Spectrum drive Praemium to record FUA

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... contributing strongly was the new IDPS solution Spectrum, which had $440 million in net inflows over the three months. As at December end, it had just $73 million in FUA. "We are pleased with the ongoing interest in this product across the private wealth ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... relationship, with Mercer having served as the fund's administrator for more than 20 years. APRA data shows that, as at December end, the fund had total assets of $676 million. It has 1690 member accounts, about 720 of which are active. The median ...