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Showing 471 - 480 of 6251 results for "December 3"

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ...

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Former Magellan Financial Group chief executive Brett Cairns has popped up on multi-boutique Associate Global Partners' (AGP) board. Cairns, who led Magellan from 2018 and 2021 when he departed for personal reasons, is officially a non-executive ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
Australian Unity Office Fund (AOF) continues to empty its portfolio, offloading another asset as the REIT faces an uncertain future. AOF is set to offload 64 Northbourne Avenue, Canberra for $21.2 million to an unnamed buyer, 10% cheaper than its June ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
MA Financial has announced two new agreements - with each deal worth up to $1 billion - to expand its real estate investment options for institutional investors, including introducing an Australian-first program. A collaboration with Warburg Pincus ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
While assets under custody have climbed in Australia, surpassing $5 trillion for the first time, some key players have seen theirs take a dive. Tallying up the assets under custody in Australia to June 30, the Australian Custodial Services Association ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
Major acquisitions, including the takeover of Millennium3, helped WT Financial Group (WTL) boost performance in the 2024 financial year. Releasing preliminary results this morning, WTL founder and managing director Keith Cullen said revenue for the ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Living costs have risen for all Australian household types in the June quarter, according to data from the Australian Bureau of Statistics (ABS). ABS head of prices statistics Michelle Marquardt said increases in living costs in the June quarter ranged ...

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
Global asset manager Insight Investment has named a new distribution lead for its local operations. Amy Clements was promoted to head of distribution for Australia and New Zealand this month after spending more than five years as an investment specialist. ...