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Showing 491 - 500 of 6207 results for "SIX"

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... transparency." Constant said consistency for members was also a strategic and enforcement priority for the regulator. She said with six million Australians are already at pension drawdown age, and with a large number still to come, super funds need to ...

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
BlackRock has the world's most valuable brand in asset management, while Public Investment Fund (PIF) takes the title among sovereign wealth funds. That's according to a global ranking of brand strength and brand value conducted by Brand Finance. ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... financial services licence (AFSL) of Aurora Funds Management until 20 September 2024. Aurora is the responsible entity of six registered managed investment schemes: the Aurora Absolute Return Fund, HHY Fund, Aurora Property Buy-Write Income Trust, Aurora ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... public and less than one quarter of the fund's 84,000 members work for Telstra. There are now 64 active retail super funds; six shuttered during the period. Industry super funds remain stable at 22, while public sector funds lost two to finish at ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... the Maroochydore District Court and entered pleas of guilty to nine counts of fraud totalling $652,500. He was sentenced to six years imprisonment with eligibility for parole after one and a half years. In sentencing Gordon, the presiding Judge condemned ...

Chinese property market to stabilise

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... markets macro strategist Chris Kushlis said the new measures could help stabilise the market at a low level over the next six to 12 months. "Chinese authorities recently unveiled a housing market support plan that shifts the focus of efforts to reducing ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... 8750 Ensombl members who deliberated among themselves about best-practice solutions reveals their most-pressing issues in the six months to December 2023. Investments and technical knowledge rounded the top five most talked about topics among advisers. ...

HMC Capital scoops up Payton Capital

ANDREW MCKEAN  |  FRIDAY, 24 MAY 2024
... the first step in its plan to create a $5 billion private credit platform. HMC agreed to purchase Payton for $127.5 million; six times its estimated earnings for the current financial year. It also agreed to pay up a further $16.5 million in cash, contingent ...

TCorp reorganises investment team

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... operating structure and simpler portfolio environment," and aligns with TCorp's broader funds management strategy that sees six separate state government funds consolidated. Under the changes, current head of investment advisory Ali Parker will become ...

Private markets demand cools: bfinance

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... increase. Meanwhile, real estate capital raising remained subdued, falling below US$30 billion for the third time in the past six years. "As for previous quarters, the performance of private market asset classes was heavily influenced by the broader ...