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Showing 501 - 510 of 8221 results for "June"

UniSuper offers plenty to like, says Morningstar

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
... has been consistently strong, while active asset allocation choices have delivered modest results over the three years to June 2024," it said. Over a three-year period, UniSuper's balanced option has returned 5.24% per annum. Over a 10-year period, that ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... data from the Australian Bureau of Statistics (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter fall which occurred during the COVID-19 outbreak and was driven by free childcare," ABS head of prices statistics ...

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... Rainmaker Information paints a far less promising picture. The research, which examined dual access products listed before June 2023, found they were around four times the cost of owning the asset-weighted average of the rest of the ETP market. The total ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... with the CSLR," Berry said. In FY25, advisers will foot the bill of $18.5 million to cover the period of 1 July 2024 to 30 June 2025. The scheme opened its doors in April. It has paid 91 claimants about $9.1 million in compensation during the first five ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... estate fund manager Payton Capital, kickstarting the first step in its plan to create a $5 billion private credit platform. In June, HMC Capital has announced a strategic investment in Stor-Energy, a specialist developer, owner, and operator of utility-scale ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... providing bad financial advice. Ultiqa's failure to pay an Australian Financial Complaints Authority (AFCA) determination on June 28 led to the cancellation of its AFSL and credit licence as the Compensation Scheme of Last Resort (CSLR) had to step in ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... Magellan Financial Group's current chair Andrew Formica led Jupiter between 2019 and 2022. He remained with Jupiter until 30 June 2023 to assist with some of the group's strategic objectives, including developing its offering in Australia.

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... Goodwin will become joint chief investment officers effective December 2. They replace Stephen Gilmore, who left at the end of June to lead the investment unit at CalPERS. Dunstan is the head of portfolio completion and has been with NZSF since September ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... inflows came in at $139 million - this was a major improvement from the $414 million in outflows reported in the quarter to June 30. Praemium chief executive Anthony Wamsteker said the company was able to deliver an extremely pleasing result for the ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... loss amount," the FSC said. In November 2023, the FSC banned short selling in domestic stock markets up until the end of June due to its concerns about naked short-selling activities taking place routinely, which it said, "could potentially disrupt domestic ...