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Showing 511 - 520 of 8223 results for "June"

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 ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... Meanwhile, the bull market bolstered Perpetual's assets under management (AUM) to $222.3 billion, up from $215 billion in June. Market movements totalled $12.7 billion while net inflows were positive at $0.4 billion. Reilly said the 3% uplift in ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the year to June 2024, 51% fewer than the previous year. A decade earlier, there were an estimated 391 mandate appointments in the year to ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... investment analyst. She moved up to deputy portfolio manager of the Alpha Plus Fund in 2016 and to co-portfolio manager in June 2018. Shortly after Fenton left, investors pulled out more than $600 million from Tribeca Alpha Plus, dipping as low as $331 ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
Australia's investment management market continued its upward climb, reaching $3.4 trillion by the end of June, recording annual growth of 8.8%, according to Rainmaker Information. Consolidated assets, which represent headline funds under management ...

European private equity strategy launches down under

KARREN VERGARA  |  THURSDAY, 10 OCT 2024
... strategies targeting software and services companies. Private markets technology platform S64 Capital appointed Matt Stovold in June as head of Australia and New Zealand. Stovold took over from David Hallifax, who was the head of Australia funds at J.P. ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
... of Managed Accounts, compiled by the Institute of Managed Account Professionals (IMAP) and Milliman, in the six months to June 30, funds under management in managed accounts increased by $43.9 billion (27%) compared to the previous corresponding period. ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... management industry, most notably for funds focused on US or global equities," the report said. Over the six months to 30 June 2024, across the 56 equity and fixed income fund categories included in the report, most funds underperformed in over two-thirds ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... month later, UGC's creditors resolved to wind-up the firm and appoint David Stimpson of SV Partners as liquidator. In June, ASIC obtained interim orders to freeze the assets of GCPF and UGC. The court subsequently discharged the freezing orders against ...