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Showing 561 - 570 of 8227 results for "June"

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 ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... initially been sentenced to 12 years in jail on six charges in relation to 28 transactions in 2019 but was granted a retrial in June 2022 on the grounds of there having been deficiencies in the trial judge's directions to the jury. The offending occurred ...

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
Praemium released its full year results, flagging a 12% increase in revenue to $84.9 million for the year ending June 30. Praemium said underlying expenses rose to $61.3 million, up 20% on FY23, due to increased IT and risk mitigation costs. "The latter ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... of Equity Trustees (EQT) in the last financial year. EQT's revenue increased 23.1% to $174 million in the 12 months to June, benefiting from the integration of AET, which was acquired from Insignia in 2022 for $135 million. About 180 staff moved ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... future. AOF is set to offload 64 Northbourne Avenue, Canberra for $21.2 million to an unnamed buyer, 10% cheaper than its June 30 valuation of $23.55 million. The transaction is expected to finalise in November. Responsible entity, Australian Unity Investment ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
Pacific Current Group (PAC) saw funds under management grow 18% to $42.5 billion for the full year ended June 30. Boutique Contributions, ex mark-to-market adjustments, grew 16% driven by a 23% growth in management fee-related revenues. In addition ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... "Centrepoint continues to lead the market in financial adviser recruitment with 549 authorised representatives at the end of June, an increase of 38 since the start of this financial year," it said. "In contrast, many other licensee companies continue ...