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Showing 421 - 430 of 7032 results for "December"

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... said the strength of this approach is reflected in Cbus' long-term annual returns of 7.8% over the 10 years to 31 December 2024. Separately, Cbus is on the hunt for a ESG lead following the departure of Talieh Williams after eight months in the role. ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
... adviser's existing continuing professional obligations and the course must be approved by ASIC before it is undertaken. Last December, the FSCP reprimanded two financial advisers who failed to provide a thorough assessment of their clients' tax liabilities. ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... Bain Capital late last year after it launched a $2.9 billion takeover offer, that was then rejected by Insignia on 18 December 2024. Kicking off the New Year, Insignia then received another takeover offer on 3 January 2025 from New York-based CC Capital ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... August 2024 after around a year of negotiations but was not publicly announced until its approval by shareholders last December. The deal added more than $21 billion to IFM's total assets.

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... Future Fund has delivered an investment return of 12.2% - boosting its value to by $26 billion to $237.9 billion as of 31 December 2024. Total funds managed by Future Fund, including across its other investment funds, rose to $304.5 billion. In addition ...

ASIC initiates ASX outage probe

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
ASIC has officially commenced an investigation into the ASX outage that occurred in late December. On 20 December 2024, the ASX experienced a "technical issue" on its CHESS Batch Settlement that disrupted and delayed several days' trade settlements. ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... rate cut will be announced, judging from the most recent inflation data. The Consumer Price Index (CPI) rose 0.2% in the December quarter and 2.4% annually. Meanwhile, annual trimmed inflation fell to 3.2%, which is notably lower than the RBA's expectation ...

System Capital joins Fidante stable

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
... advantage of structural winners and losers within specific industries to deliver absolute returns," Margolin said. As at December end, the fund has returned 24.3% per annum before fees since inception. It is suited to family offices, high-net-worth investors ...

SMA registrations double in three years: Data

JAMIE WILLIAMSON  |  FRIDAY, 31 JAN 2025
... doubled in the past three years. That's according to APIR Systems' analysis of financial product registrations, with the December 2024 quarter data showing 25 new managed account products entered the market. APIR chief executive Chris Donohoe said this ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...