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Showing 461 - 470 of 8407 results for "June"

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
... Asia-focused long-short equity strategies. "The board thanks Phil for his management and oversight of the VG1 portfolio since June 2023," Jones said. VG1's FY25 performance was marred by biotech company Opthea, which was written down to zero after ...

Global X ETFs on a hiring spree, readies for $12bn FUM

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
... seem to stop hiring, adding five new team members to its operations this month as its asset base tips over $11 billion in June, well ahead of its FUM target. Adding AI muscle to its technology team, Global X has hired David Croft as technology and AI ...

HUB24 reports record inflows, user growth

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
... million, with the platform achieving $323.3 million. The group's total funds under administration sat at $136.4 billion as of June 30, rising 30% year on year. Of this, $112.7 billion is on the platform, though HUB24 said this has now increased to $118 ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... direct sale practices in 2018, which led to the report The sale of direct life insurance (REP 587). Between July 2021 and June 2024, it reviewed documents and policies from a sample of life insurers and life insurance distributors to determine whether ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... administration and custody services to State Street. During the period, TAL Dai-ichi Life Australia took a 15% stake in Challenger. On June 17, TAL Dai-ichi Life flagged its intention to purchase an additional 4.8% interest in Challenger from Apollo ...

Vision Super divests G8 Education over abuse charges

JAMIE WILLIAMSON  |  MONDAY, 18 AUG 2025
... company was added to the list of investment exclusions in Vision Super's responsible investment policy on July 27. In June, a former employee of G8 Education was charged with more than 70 child sex abuse offences allegedly involving eight children ...

DigiCo REIT names new chief executive, targets 30% growth

ELIZA BAVIN  |  MONDAY, 18 AUG 2025
HMC Capital's DigiCo REIT wants to have contracted IT capacity of 27MW by June 2026, representing 30% growth from June 2025 across the Australian business, as outlined in its FY25 results. This comes as Chris Maher has been named chief executive, taking ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... dragged by market volatility impacting the broking business. The group reported NPAT of $9.3 million for its half-year to June 2025 results. The broking division's revenue across retail and institutional was down 23.5% year-on-year, dropping to $69.4 ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
The ASX recorded $1.12 billion in operating revenue in the 12 months to 30 June 2025, a 7.3% surge from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth ...

AMP Super rolls out cashback feature

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... delivered strong returns in the past financial year, seeing double digit returns across most of its investment options. In June, AMP launched the AMP Super Lifetime feature that could unlock member's retirement incomes by over $100,000 in the first decade ...