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Showing 551 - 560 of 8223 results for "June"

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
Australian gross domestic product (GDP) rose just 0.2% in the June quarter 2024 and by 1.5% in the 2023-24 financial year, according to the Australian Bureau of Statistics (ABS). ABS head of national accounts Katherine Keenan said: "The Australian economy ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... Street as its current custodian, NAB Asset Servicing (NAS), exits the market. The other key project cited, announced last June, was the transition of its super administration to GROW Inc from Mercer, which will "enhance our member portal and the services ...

Count reports strong results on back of Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
Count saw revenue growth of 22% for the full year ending June 30 to $111.8 million, driven by both organic growth and acquisitions. EBITA was $10.19 million reflecting $4.97 million while underlying EBITA grew 61% to $16.63 million both primarily driven ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... management mandate. As previously reported by Financial Standard, Madison Financial Group and WealthPortal were divested in June; funds under advice associated with these entities are no longer reported. Clime chair John Abernethy said the decision to ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... improve returns and stabilise flows. The 30% decrease in funds under management (FUM) to $13 billion in the 12 months to June led to a 14% hit to revenues of $174.4 million. Net outflows for the period effectively doubled the figures in FY23. Retail ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... Margaret Cole said: "This year's results demonstrate the progress being made to address underperformance. At the end of June, all 15.7 million MySuper member accounts, with combined assets of nearly $1.1 trillion, were invested in performing products." ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... custody for Australian investors, growing its assets under custody by 11% to $1.2 trillion between 31 December 2023 and 30 June 2024, according to data from the Australian Custodial Services Association. Vision Super chief executive Stephen Rowe said ...

Longreach hires Channel Capital sales lead, launches advisory firm

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... include CFM, Capstone, GROW Investment Group, and Marble Capital. It had $113 billion in assets under management at the end of June.

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... Vinva Fund, highlighting the group's strong relationships with advisers and clients and improved market conditions to 30 June 2024. It is pleasing to see continued positive momentum for net flows in Q1 FY2025, albeit with more volatile global market ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ...