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Showing 501 - 510 of 8407 results for "June"

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... 2020. The Federal Court froze his funds and ordered the winding up of his two unlicensed financial services businesses. On 27 June 2024, Beresford pleaded guilty in the County Court of Victoria to false document and proceeds of crime offences and was ...

Praemium reports FUA increase to $64.3bn

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
Praemium has reported funder under administration (FUA) of $64.3 billion to 30 June 2025, marking an increase of 12%. Praemium's next generation IDPS Spectrum achieved quarterly net inflows of $339 million, resulting in FUA of $2.38 billion for the ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... business update. Funds under management and administration (FUMA) increased by $8.5 billion, or 2.6%, to $330.3 billion as at 30 June 2025. Wrap FUA exceeded $100 billion at quarter end, supported by accelerating growth in MLC Expand. Total net inflow ...

North inflows jump 60%

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... AMP's North platform saw net inflows jump 60% in the last financial year, with $1.7 billion of client money reported in the June quarter. Total assets under management (AUM) for the platforms business, which includes Asgard platform products issued ...

Alternatives stable pushes Navigator assets higher

KARREN VERGARA  |  FRIDAY, 18 JUL 2025
... performance as its stable of active, alternative strategies saw assets under management (AUM) jump to US$86 billion at the end of June. While the global fundraising landscape remained challenging through the first six months of 2025, particularly for ...

Hostplus closes two investment options

ELIZA BAVIN  |  FRIDAY, 18 JUL 2025
... International Shares - Emerging Markets option returned 4.35% and International Shares (Hedged) - Indexed returned 9.84% to 30 June 2024. For the alternate options, International Shares has returned 9.19% and International Shares - Indexed has returned ...

Unemployment data throws 'curveball' at RBA

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
The unemployment rate rose from 4.1% to 4.3% in June, according to data released by the Australian Bureau of Statistics (ABS). VanEck head of investments and capital markets Russel Chesler said the surprise uptick in unemployment means the next rate ...

How will Trump's tariffs impact the RBA?

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... to allow for an August rate cut. "For one thing, the monthly CPI inflation indicators have been benign. For another, the June NAB Business Survey revealed the likelihood of further disinflation," Miller said. "It is the case that RBA forecasts now have ...

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
BlackRock's assets under management have ballooned to a record US$12.5 trillion in June, jumping 18% over the last 12 months. BlackRock chief executive Larry Fink said the fund manager's sustained growth has been powered by its whole portfolio ...

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
HUB24's total funds under administration (FUA) reached a record $136.4 billion at the end of June. Net inflows for the 2025 financial year were $19.8 billion, up 25% annually. Excluding the $4 billion of migrations during the period, net inflows ...