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Showing 481 - 490 of 8222 results for "June"

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... Members contributed $50.5 billion over the year and $14.9 billion in the September quarter, a decrease of 21% compared to the June quarter. "This decrease is expected with members maximising their annual contribution limits before the end of the financial ...

AustralianSuper expands international equities team

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
... footprint with a series of senior appointments. AustralianSuper currently has over $342 billion assets under management as at June 30.

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... beverages (+3.3%), recreation and culture (+4.3%), and alcohol and tobacco (+6%). Annual CPI inflation has fallen from 3.8% in June to 2.1% in October due, in part, to significant price falls in electricity and automotive fuel. Electricity fell 35.6% ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... fictitious trades also cost MBL an estimated US$58 million ($89 million) through remediation processes. The FCA said that from June 2020 to February 2022, Travis Klein, a relatively junior trader from MBL's metals and bulks trading desk, issued 426 fictitious ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... September. Payden & Rygel is part of the nine affiliates in GSFM's stable. Tribeca Investment Partners and GSFM severed ties in June after being in partnership since 2008. GSFM head of institutional business Charles Levinge said this mandate reflects ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... will not be an active market for AOF units." Australian Unity said winding up is expected to be completed no earlier than June 2025 and may occur after this time. Approval of AOF unitholders is not required for the winding up.

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... managers have performed best over the past decade by 10 basis points against their passive counterparts as at the end of June 2024. Manager research senior analyst Zunjar Sanzgiri highlighted what active managers have predominantly performed well in ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... option - and Hostplus which devalued assets within its property and infrastructure portfolios by a range of 7.5%-10%. In June 2024, APRA said there was room for improvement when it comes to trustees' oversight of unlisted asset valuations, finding ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... under the age of 40. It's a steady performer, having achieved a net return of 7.82% to MySuper members over 10 years to June 30. Still, the fund has gained less than 5000 members since 1983. It faces challenges as a result of not being open to the ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... management when it comes to Australian bonds. Active managers performed best over 10 years at 2% versus 1.9% as at the end of June 2024. "Active funds in the fixed-income domain have more than made up for their lag in performance prior to mid-2020. The ...