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Showing 521 - 530 of 6900 results for "Shares"

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... capital position and earnings growth" HUB24 said it will launch an on-market share buy-back program on September 11 with shares to be bought back over a 12-month period. The buy-back will be funded from existing cash reserves and the current intention ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... represented shareholders who owned AMP between 10 May 2012 and 13 April 2018, or American Depositary Receipts attached to AMP shares between 7 June 2012 and 13 April 2018. At the crux of it, the class action alleged that AMP engaged in misconduct by ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... navigate these markets and this business environment," Carver said. In July, GQG announced its intention to acquire all the shares of Pacific Current Group (PAC). It updated shareholders saying the acquisition is contingent upon successful due diligence ...

Danish pension fund hands $500m to QIC

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... objective of delivering investment outcomes for its clients. "It is of great importance to us to work with someone who shares our philosophy and where we enter as equal partners in a close collaboration with a common goal," Starup said. "This includes ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... compensating clients remain in place for 12 months. ASIC's concerns, which involved PWMS offering redeemable preference shares and PWM offering unlisted shares, ultimately found that Cuthbertson made false and misleading representations with respect ...

Australian Ethical unveils new moderate fund

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... Ethical's multi-asset/diversified suite of products, which already includes the balanced fund, high growth fund and diversified shares fund. Between March and May 2023, the Australian Ethical logged a positive net flow of $90 million. The investment ...

AustralianSuper bungle underpays some Choice members

KARREN VERGARA  |  THURSDAY, 10 AUG 2023
A calculation error has forced AustralianSuper to remediate some of its members invested in its Australian Shares option about $2 million. The "credit rating error" affected members who are invested in the Australian Shares option only. "Between 2 June ...

Lonsec appoints new investments leadership

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... co-head of investment management services. Prior to Morgan Stanley, Lim managed Australian Ethical Investments' international shares fund. In his new role, Lim will join the product and investment oversight committee, asset allocation, manager selection ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... global upheavals, including the COVID-pandemic, Russia's invasion of Ukraine, and the Global Financial Crisis, Australian shares have delivered an average annual return of 9.2% over the past 30 years. Vanguard Australia head of financial adviser services ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... focus on a single asset class or are multi-asset schemes. They do not include listed investment companies, debentures or shares issued by a body corporate, certain partnerships or direct purchases of shares or other equities or investments operated by ...