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Showing 581 - 590 of 7031 results for "December"

Funds SA chief investment officer exits

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
... billion asset manager confirmed Richard Friend is departing after almost eight years in the role. Friend joined Funds SA in December 2016 to lead the investment team, coming across from AustralianSuper where he was an investment manager, a role he took ...

ASIC issues experienced pathway guidance

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... provider is a person who was a relevant provider of personal advice for at least 10 years between 1 January 2007 to 31 December 2021, and had a clean disciplinary record as at 31 December 2021. The adviser should also pass the mandatory exam by 1 January ...

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
... essentially halving, and while the team managed to claw some of it back during 2019 and 2020, it's been in steady decline since December 2020. The NovaPort Microcap Fund is a complying investment for the Significant Investor Visa (SIV) program and expects ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... followed the signing of a heads of agreement in April 2023 and an initial non-binding Memorandum of Understanding in December 2022. Mine Super, which has been operating for over 80 years, manages more than $14 billion for 56,000 members, while TWUSUPER ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... are impacted in the UK and US. The four units account for 5.8% of FSI's AUM out of its total $238 billion (as at 31 December 2023), meaning about $14 billion will leave the firm. Mitsubishi UFJ Financial Group acquired FSI in 2019 for $4.2 billion. ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... reported adviser numbers on a consistent basis. It is mischievous at the very least to compare our reported numbers from December 2022 (355 advisers) with those reported by an industry publication. The difference between the lesser industry publication ...

GPT appoints new chief investment officer

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... Harrison will be joining GPT from Blackstone Group where he is currently managing director, a position he has held since December 2019. Prior to that he was head of capital transactions at Charter Hall. "I am pleased to announce the appointment of Mark ...

Former NSW adviser loses ban appeal

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... 2018. Subsequently he was the sole director of Swinsure which was authorised from 1 July 2020 to 30 July 2020. On 21 December 2022, Sweeney filed an application at the AAT seeking a review of ASIC's decision. On 26 April 2024, the AAT found that a permanent ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... about $1 billion in funds under management. About seven years later, it's still yet to achieve such numbers. As at December 2023, Spaceship had 21,340 member accounts and $773 million in assets. The fund it's merging into, OneSuper, has recently ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... options from industry funds to fail and was known as the High Growth option for much of the relevant period. At the end of December 2022, prior to the performance test result, the option had 910 member accounts invested and about $58.8 million in funds ...