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Showing 431 - 440 of 8221 results for "June"

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... announced it had secured a custody mandate from Insignia Financial totalling $319.6 billion which will likely be reflected in June 2025 data. Meantime, Northern Trust gained 11.4% to now total $855.8 billion. This growth is due in part to being selected ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... research found that governments have committed to building 1.2 million homes over five years. However, in the 12 months to June 2024, just 176,000 homes were built. "Governments are rightly focused on changing planning rules to boost the supply of new ...

PIMCO hires former Global X sales lead

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... business development manager at ETF Securities, he took on more senior roles after the firm's acquisition by Global X in June 2022. He finished up as head of distribution before his exit due to internal restructuring. Before Global X, some of his ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... to a system error, the fund received a contribution outside the 28-day period, which mistakenly restarted the insurance on June 28 last year - resulting in affected members paying for insurance that shouldn't have been added to their accounts. "A small ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... them and may adversely affect their retirement outcomes," ASIC said. The last review in thematic SMSF advice was released in June 2018, and ASIC said this project follows on from what it gathered from that report. ASIC said there are two main streams ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... self-managed superannuation funds (SMSFs) outperformed APRA-regulated funds by 1.2 percentage points per annum in the five years to June 2023. According to research from the University of Adelaide's International Centre for Financial Services (ICFS) ...

Saxo Australia to rebrand after global takeover

MATTHEW WAI  |  TUESDAY, 11 FEB 2025
... Europe and the UK use DMA to access global markets under a single platform. The sale also comes after Saxo Bank announced in June 2024 it would review strategic opportunities in Asia Pacific, seeking to accelerate its growth across Australia, Japan and ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... next evolution of growth," he said. Alongside the Lonsec takeover - which saw GDG acquiring the remaining stake in Lonsec in June 2024 - the two acquisitions have a combined total FUM of over $25 billion. GDG believes that by merging their collective ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... future capital raising capability. The court battle between Keybridge and WAM has been ongoing for close to five years. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares ...

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... help them unlock a better quality of life," Howes said. AMP's latest solution follows a joint call from APRA and ASIC in June last year for superannuation trustees to step up efforts in tracking and measuring the effectiveness of their strategies ...