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Showing 571 - 580 of 7273 results for "Record"

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
Netwealth and Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows ...

Regal FUM hits record high

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
... the December quarter, bringing the company's total FUM to $18 billion in 2024. Net inflows in Q4 24 were $720 million, a record quarter for the group, Regal said. Despite the investment manager seeing a slight downturn in FUM within it's long/short equities ...

Scarcity Partners enlists former Ophir Asset Management chief

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... Partners managing director Adrian Whittingham said Chirakis is a valuable addition to the team, noting his "impressive track record" in raising capital and building high-performing distribution teams will be invaluable as the company continues to expand ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
... Miller's prediction matches that of the market, which has priced in a 70% likelihood for an interest rate cut. "I am on the record in saying that the RBA will cut rate in February, and I still think that is the case," Miller said. "The quality of the ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
... increasing 8% over the quarter to $98.9 billion as at 31 December 2024 (up 36% on the prior corresponding period) -driven by record quarterly net inflows of $5.5 billion and positive market movements of $1.8 billion. The company said during the quarter ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... funds' performance against the Retirement Income Covenant. Top-10 status should be granted only to funds that have a proven record of providing useful retirement advice and guidance to their members. That is, funds that are taking seriously their ...

Global ETF inflows hit US$2tn: ETFGI

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Money pouring into global exchange-traded funds (ETF) hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the ...

Former AIA executive finds new gig

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... commitment to delivering strategic insights and consulting solutions to help clients achieve growth and success. "A strong track record in driving innovation, delivering strategic insights and building strong client relationships makes Tremethick a fantastic ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... several metrics going into 2025. The fund returned 11.95% for its MySuper Balanced option to 31 December 2024 and saw a record 300% increase in member growth from April to November 2024 compared with the prior same period. Legalsuper also reported a ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... than the average monthly population growth of 0.2% over the year." The employment-to-population ratio rose 0.1% to a new record of 54.5%. "This was 0.5 percentage points higher than a year ago and 2.3 percentage points higher than before the COVID-19 ...