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Showing 31 - 40 of 294 results for "Recording"

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... under management. Since its May 2019 inception, it had outperformed the MSCI Emerging Markets New Total Return Index, recording a return of 3.79% against the index's 2.76%.

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... greenwashing. Aware Super's High Growth strategy and Hostplus' Balanced option also showed strong performance, recording returns of 8.4% and 8.2%, respectively, over the decade. For a broader perspective, the median returns for the periods of ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
The Administrative Appeals Tribunal (AAT) has nullified ASIC's ban on Dominique Grubisa, an investment guru and DG Institute founder, from participating in credit activities and financial services. In 2022, Grubisa was banned for four years after ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... combined loss of $300 million. Resolution Life topped the list of the highest direct profit as a percentage of revenue, recording 28.6%, followed by Challenger at 23.6% and Zurich at 10.2%. By a measure of revenue, TAL led the local life insurance market ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
... Sequoia said. The group generated revenues of $5.5 million in FY23, up 11% year on year. It made a $2.6 million loss after recording a $5.7 million after-tax profit in FY22. Over the year, it acquired a 20% stake in Euree Asset Management, and added ...

Guideway launches file note AI tool

KARREN VERGARA  |  THURSDAY, 24 AUG 2023
... technology Chris Garlick told Financial Standard that FinTalk goes beyond producing a transcription and converts the recording into a compliant file note that reads as a fluid conversation that captures the nuances of financial planning language. Guideway ...

Australian ETF industry crosses $150bn milestone

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... According to Betashares analysis of ASX and Cboe data, it received the largest net inflows in the first half of the year, recording $1.8 billion in net inflows, followed by Vanguard ($1.5 billion) and iShares ($1.1 billion). The top three issuers accounted ...

Platforms FUM falls $20bn: Report

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... respectively. However, Netwealth was up 14.4% to $65.9 billion and HUB24 rose 16.5% to $65.9 billion to year end. Also recording increases were Macquarie Group (3.8%), Mercer (4.8%) and Praemium (4.9%). Plan For Life noted that these results came despite ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... growing communities. "Population growth in the City of Melton is currently outstripping all other areas in Victoria, recording a 6.4% increase from 2021 to 2022," Plant said. "This isn't expected to slow down, as by 2036 more than half a million ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... industry feedback. Financial firms have been required to record all complaints received and have an effective system for recording information about complaints since 5 October 2021.