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Showing 581 - 590 of 2183 results for "Financial Year"

Crestone awards back-office, trade execution mandate

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... closely with them". FinClear is backed by Magellan Financial Group and venture capital firm King River Capital. Last financial year, Magellan made three major investments in investment bank Barrenjoey, food chain Guzman y Gomez, as well as FinClear. ...

FPA reschedules Congress

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... opportunity to network with peers and obtain professional development without crossing state lines, in the current financial year. Members who have already registered for the FPA Professionals Congress will be automatically rolled over to November, unless ...

AustralianSuper appoints retirement solutions lead

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... process of merging with the $7.4 billion LUCRF Super. The merger is expected to finailse before the end of the 2022 financial year. "With more people living longer than ever before and the idea of what 'retirement' means being redefined, our ...

BetaShares launches new bond ETF

CHLOE WALKER  |  MONDAY, 7 FEB 2022
BetaShares has launched an Australian Composite Bond ETF, offering investors access to a diversified portfolio of Australian bonds. The new ETF, ticker code OZBD, aims to track the Bloomberg Australian Enhanced Yield Composite Bond Index, before fees ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Pinnacle Investment Management shuttered one of its affiliates just two years after it acquired a stake. Reminiscent Capital, a discretionary Asian macro strategy, folded in November 2021, resulting in a $1.8 million write off. Pinnacle hoped that Reminiscent ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... member accounts. While this is a substantial amount, it is 3.5% less than the $17.1 billion released in the 2020 financial year withdrawn from 2,237,000 member accounts. In the 2015 financial year, super funds released just $145 million out of 10 member ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... for BT some time this year, so that has kicked off and Westpac has announced that ideally prior to the end of its financial year in September a preferred partner will have been identified," he said. "The super business is a separate process which, in ...

Record inflows for HUB24

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
HUB24 has reported record platform inflows for the December quarter of the financial year. HUB24 saw platform net inflows of $3.6 billion during the quarter, including $349 million transitioned from externally administered legacy IOOF private labels ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... 1200 members while the fund's 2021 annual report shows it had just $88 million in funds under management. Last financial year the fund received just over $8 million in inflows. This was comprised of $2.4 million in employer contributions, $1 million ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... 2020 and fee changes in September 2019. The fund's investment returns have also varied widely since 2015. Last financial year its MySuper option achieved 16.82%, the previous year it saw -0.28%, and in 2018/19 it achieved 8.76%. According to Rainmaker ...