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Showing 571 - 580 of 7031 results for "December"

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... super funds chose to appoint themselves to manage money. Analysing mandates awarded from three years ago to the end of December 2023, Rainmaker reports that AustralianSuper is the largest in-house manager of funds across various asset classes worth $69.2 ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... interest rates is likely down - I now anticipate only one rate cut this year (not two) with this cut not taking place until December. "What's more there's at least a 30-40% chance that the RBA could raise rates in coming months if the disinflationary ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... schemes for the financial year ending 2023, excluding the Aurora Fortitude Absolute Return Fund for the half-year ending 31 December 2023. The licence suspension means that Aurora cannot provide financial services including issuing any new interests ...

Koda Capital poaches five JBWere advisers

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... independent and contemporary wealth management offering to successful Australians and for purpose organisations." Last December, Norman Zhang was offered a role at Koda as chief investment officer and partner. He replaced Brigette Leckie, who took on ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... of high-quality assets that are underpinned by robust market fundamentals and strong income and capital growth." Last December, Stockland and Supalai Australia Holdings, whose parent company is listed on the Stock Exchange of Thai, purchased 12 communities ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... equity fund-of-funds business in which it holds a significant minority interest. GSFM announced a partnership with ACP in December last year to distribute its European infrastructure and smaller buy-outs strategies. "We look for organisations that are ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... who deliberated among themselves about best-practice solutions reveals their most-pressing issues in the six months to December 2023. Investments and technical knowledge rounded the top five most talked about topics among advisers. Rounding out the top ...

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... expected of a provider of financial services". At Life Plan FP, Nabi also served as a director from 15 November 2019 to 30 December 2022, and a responsible manager from 19 January 2020 to 31 August 2022. Nabi is the founder and chief executive of Brisbane-based ...

Jim Lamborn retires from JANA

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... was named chief executive, a position he held for seven years before transitioning into an executive director role in December 2022. At that time, Georgina Dudley was appointed to lead the firm. JANA said it is "with immense gratitude and a touch of ...

Cromwell gets $457m for European funds platform

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... to repay debt. Cromwell will continue to manage close to $5 billion in assets across Australia and New Zealand. Since December 2021 it has divested some $1.6 billion in non-core assets. "This is a turning point for Cromwell to focus on leveraging the ...