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Showing 561 - 570 of 6953 results for "March"

GQG completes acquisition of three boutiques

ELIZA BAVIN  |  MONDAY, 20 MAY 2024
... executive chair and executive director Rajiv Jain said. GQG announced the launch of GQG Private Capital Solutions back in March. At the time, it entered into an agreement with Pacific Current to acquire the boutiques for US$71.25 million. The new private ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... Trustees has been appointed as the responsible entity of the fund. Loomis Sayles manages $348.4 billion in assets as of March 31.

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... overturn the leadership. The cohort has a 10.65% take and acquired some 3.24 million shares from 26 February 2024 to 21 March 2024, most of which sit with Glennon Capital. The shareholders want to replace them with Sequoia head of professional services ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... delivered 34.5% net of fees in the 12 months to February and narrowing the NAV per unit trading discount by 4.2% (as at March 14), the RE will press on with the conversion to an open class unit. Magellan Asset Management has now engaged with regulators ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
... talks, the two super funds have set a date for the successor fund transfer. Active Super will merge into Vision Super on 1 March 2025, following the signing of a successor fund transfer deed. It was initially expected to close in the middle of this year. ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... $18.6 million over five years to support recipients through increased flexibility to work, study and volunteer. From 20 March 2025, the existing 25 hours per week participation limit will be changed to 100 hours over four weeks. It will also no longer ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... participation by all relevant industry stakeholders to ensure it takes into account all possible consequential impacts." On March 20, a Parliamentary Joint Committee on Corporations and Financial Services launched an inquiry into the entire wholesale ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... $52.8 million in FUM, according to APRA data. Interestingly, the option has had the fund's highest return for the year to March 2024 end, coming in at 14.12%. For members in the option, their investment will be transferred and split evenly across the ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... Prakash's pivotal role in ASIC's investigation, make urgent ex parte orders necessary in the public interest. On 28 March 2023, the Court made orders preserving the assets of Prakash and the related companies and restrained him from leaving Australia. ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... up with strong enforcement action against trustees and advisers to deter future misconduct." Since the review wrapped in March 2023, Constant said there has been some response from the participating trustees in aggregate, but there's more to be done. ...