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Showing 511 - 520 of 7104 results for "December"

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025
... from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. In December, Article 9 funds shed €4 billion, marking the 15th consecutive month of net outflows. Under the EU's Sustainable Finance ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
... 2014, other buffers and parameters within CHESS meant it did not impact system behaviour until specific circumstances in December 2024 caused the system logic to assign insufficient memory to handle the number of users in Batch Settlement for that day." ...

Tyndall bolsters small cap team

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... skills and passion for investing make him a perfect fit for the firm's growing small companies franchise. Since 31 December 2024, the small caps business has delivered an annual return of 15.41% before fees since its inception, outperforming its ...

Fidelity picks Southeast Asia lead

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... appointed Wildon Goh as head of Southeast Asia and country head of Singapore. Goh succeeds Sabrina Gan who left the firm in December to Goldman Sachs' client solutions group as head of third-party wealth in Southeast Asia. Goh is tasked with leading ...

Entireti appoints chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... follows that of Sarah McCarthy as head of portfolio solutions. McCarthy, who is based in Adelaide, joined the group in December as part of the AMP transition. She was most recently AMP's national manager, research services for about 18 months. McCarthy ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
Netwealth and Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows ...

Regal FUM hits record high

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
Regal Partners' funds under management (FUM) increased 4.6% in the December quarter, bringing the company's total FUM to $18 billion in 2024. Net inflows in Q4 24 were $720 million, a record quarter for the group, Regal said. Despite the investment ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
... Simultaneously, Miller believes the RBA may have overestimated inflation. "I think the RBA's projection for [inflation] across the December quarter was 3.4%... By forecast, the number would be around 3.2%, and I think it is sufficiently ahead of the ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
... HUB24 also reported "strong growth" in Q2 FY25 with platform FUA increasing 8% over the quarter to $98.9 billion as at 31 December 2024 (up 36% on the prior corresponding period) -driven by record quarterly net inflows of $5.5 billion and positive market ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... policy-oriented goals. Tennessee attorney general Jonathan Skrmetti, who filed the "first-of-its-kind" legal case in December 2023, accused BlackRock of misleading consumers with inconsistent statements regarding its investment strategies. He argued ...