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Showing 501 - 510 of 4450 results for "October"

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... performance and engaging in an active on-market buy-back that is accretive to performance, he said. Weekly estimates as of October 13 shows that MGF recorded a NAV of $1.93. Since its inception in 2020, MGF has returned 4.4% per annum, while the MSCI ...

Selfwealth ditches Stake takeover bid

KARREN VERGARA  |  MONDAY, 16 OCT 2023
... profit in FY23, recovering from a $6.3 million loss the year prior. Selfwealth traded at 14 cents per share at the end of October 14. News of Stake's acquisition proposal one day later saw the share price jump 29% to 18 cents. The platform has $9.5 ...

Forager to delist Aussie LIT

KARREN VERGARA  |  MONDAY, 16 OCT 2023
... RPMGlobal Holdings, ReadyTech, Tourism Holdings, Healthia, and Gentrack. FOR's net asset value at the close of business on October 13 was $1.45. It has 99,851,310 units on issue. In the last financial year, FOR made a $22.3 million operating profit. ...

Link shakes up board, names super industry veteran

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... joins the ASX-listed firm as an independent non-executive director. Lennon is a former board member of EISS Super from October 2021 until its merger with Cbus Super in May 2023. He was also a director at First State Super (now Aware Super) for almost ...

Escala loses bid to restrain former executives

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... with the question of costs and what further directions should be made in the proceeding at the directions hearing on 20 October 2023," Judge Waller said.

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... Concessions) Imposition Bill 2023. Consultation on the exposure draft and explanatory materials commenced on Tuesday and closes October 18.

Vale Tony Bongiorno

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... Tony Bongiorno, a veteran of the financial advice industry and founding partner of the Bongiorno Group, passed away on October 6. Bongiorno helped establish the Melbourne-based group, which specialises in providing financial advice to medical professionals ...

Link Fund Solutions sale completes

CHLOE WALKER  |  TUESDAY, 10 OCT 2023
... fund solutions business to Waystone Group (Waystone), a year after first seeking a buyer. Having sought a buyer since October 2022, the sale of the troubled Fund Solutions arm to Waystone was first announced in February, after a long battle with the ...

Advised Aussies more financially confident: Research

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
... that financial planning can bring." The research was released in line with World Financial Planning Day, which was on October 4. "Advice professionals and their clients have always known that these long-standing myths that have been regarded as public ...

Adviser cops 10-year sentence

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
... after 6.5 years. Nugara, who was permanently banned by ASIC in April, stole $10,072,061.93 from 38 clients between 10 October 2014 and 9 January 2019. The hearings revealed that Nugara had pre-existing relationships with many of the victims. "These victims ...