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Showing 441 - 450 of 10353 results for "Close"

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
Custodians' asset pools grew by 3% in the first half of the year, with HSBC's securities services division recording the largest jump. Statistics from the Australian Custodial Services Association (ACSA) show total assets under custody held on behalf ...

CareSuper adds three to investments team

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... analyst, private equity. Before that, he worked as a senior investment analyst in the unlisted assets team at HESTA for close to five years. Finally, Andrea Jenke is joining the team as investment communications manager. Jenke also joins from HESTA ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... million - an improvement of $201 million on last year. Net revenues were 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 ...

HUB24 reports record inflows, user growth

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
HUB24 achieved close to $20 billion in inflows in FY25 and reported a 68% increase in profit. Released today, HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations. In the ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... oversaw the merger with QSuper and the establishment of ART and 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 ...

Vision Super divests G8 Education over abuse charges

JAMIE WILLIAMSON  |  MONDAY, 18 AUG 2025
Vision Super is divesting G8 Education in response to horrifying allegations of child sex abuse at one of its centres. The company was added to the list of investment exclusions in Vision Super's responsible investment policy on July 27. In June ...

LGT Crestone taps alternatives and ESG expert

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
With its alternatives portfolio leaping from $150 million to $9 billion within 10 years, LGT Crestone has recruited an alternatives specialist from Escala Partners to join the group. LGT Crestone, a wealth manager with more than $600 billion in client ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... Bassanese said more interest rate cuts are likely given the current trajectory of the Australian economy. "Inflation is close to the mid-point of the 2 to 3% target band and official interest rates are still on the restrictive side of neutral. Indeed ...

Cbus, MLC, AMP Super pump more into Atmos Renewables

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
... Storage System (MBESS) in Western Australia, Atmos' first greenfield development and battery project to reach financial close. It is expected to create 70 jobs during construction and enhance regional grid stability and energy security, with operations ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
HESTA it will reduce fees for insured members on their current levels of cover after re-appointing AIA Australia as its insurance partner. HESTA chief executive Debby Blakey said the renewed partnership demonstrated the fund's commitment to providing ...