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| | | ... the same period in 2023, when managed funds shed $4.72 billion. Managed funds did manage to recoup $4.91 billion in the second half of 2023, but this was largely attributed to the rising demand for fixed income funds. Fixed income fund flows continued ... |
| | | | QIC has beefed up its private equity team by promoting a swag of investment professionals as the $110 billion Queensland state-backed fund hunts for deals. The promotions include two new partners in the investor's London and San Francisco offices. ... |
| | | | ... it comes to scam losses for Australians, which saw a staggering $1.3 billion lost in 2023. Scamming via remote access, second in the category, has resulted in losses of $256 million. Each day, an average of 20 scam websites are removed, ASIC said. ASIC ... |
| | | | ... title bump, the trio have been handed a big promotion, underscoring the importance of their teams to the country's second-biggest super fund. "I'm incredibly pleased with the appointments of Zoe, Greg and Justin, as Australian Retirement Trust ... |
| | | | ... surpassing certain performance thresholds. Meanwhile, net operating income grew to US$273.2 million, up 54.9%. GQG declared a second quarter interim dividend of US$0.0335 per share, which is a 90% payout ratio of distributable earnings. Regarding its ... |
| | | | The ASX earned record revenue of $1.03 billion in the 2024 financial year despite a volatile period for equity markets and lower capital raising. Total revenue grew 2.4% from the prior corresponding period, largely driven by the exchange's markets ... |
| | | | ... Shariah-compliant financial solutions." According to the Australian Custodial Services Association, State Street is now the second-largest custodian in Australia. As at 30 June 2024, it had $834 billion total assets under custody on behalf of local investors ... |
| | | | ... on the rankings, growing its total assets under custody by 11% to $1.2 trillion. Meantime, State Street has climbed to second place with $834 billion, surpassing Citigroup's $818.95; they saw growth of 10.9% and 2.7% in the first half, respectively. ... |
| | | | ... despite life insurers being the largest provider of financial support to those struggling with mental health episodes, second only to the federal government. More than 91,000 Australians have received more than $12 billion in financial support from life ... |
| | | | Assembly Funds Management (AFM), backed by the Lowy family, is seeking to raise about $100 million in re-opening its second property fund. Australian Diversified Property Fund 2 (ADPF2) is rattling the tin for the second time after it completed its ... |
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