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Showing 451 - 460 of 5863 results for "July"

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... reserves in instances such as these, despite the reserves being fully funded and the trustees being entitled to do so. From next July, super funds with more than $30 billion in funds under management (FUM) will need to target 0.20%, while those with ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... generations if DBFO isn't legislated by the next federal election. The first tranche of the bill passed the parliament in July. "Doing nothing won't just hurt today. It'll set in motion a chain reaction over the next 10, 20 and even 30 years as many ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... International medical journal the Lancet analysed this as a massive undercount, predicting the death toll was as high as 186,000 in July due to Palestinians dying from indirect health implications such as malnutrition, and severe food, water, and medical ...

Clime shakes up board again

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... Ronni Chalmers. Michael Baragwanath was named acting managing director after chief executive Annick Donat stepped down in July. The last financial year was another "challenging period" for Clime, reporting a statutory loss of $3.8 million. During the ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
... AFCA must notify ASIC, ASIC said. Simultaneously, ASIC has cancelled the ASFL of Colleen Hennequin, an accounting firm, on July 10, as well as credit licences of the following members: George Frossinos (credit licence number 391981). Licence cancelled ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... through an adviser or directly from TAL. On average, these test results take more than a week. TAL made similar changes in July for customers purchasing additional insurance through their super fund. TAL general manager of performance, portfolio management ...

BNP Paribas shutters EARTH Trust

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... the desired number of investors or investment scale, and no further growth is expected in the short to medium term. As at July 31, the trust had just $132,755 in assets while the underlying fund had $21 million. "Under these circumstances, we believe ...

Longreach distribution lead exits for new role

ELIZABETH FRY  |  FRIDAY, 11 OCT 2024
... Management and Peters MacGregor Capital Management a value-based international equities fund manager. Longreach made the news in July when after a 12-month break, Andrew King recently joined the new fundraising arm of Longreach Alternatives, after almost ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... said it lowered the CPI investment objective as it expects medium-to-longer term returns to decrease in five-plus years. In July, the super fund introduced several changes to its investment exposures and fees. MySuper, Choice, and TTR Income products ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
... a 4.2% increase in the value of the ASX/S&P 200 Accumulation Index, giving an annual growth rate of 11.8% increase from 1 July 2023 to 30 June 2024," Huang said. "The half year to 30 June 2024 has seen inflation fears start to recede, weak economic growth ...