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Showing 591 - 600 of 8223 results for "June"

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... management business had $400 million assets as at February, while Trilogy currently manages some $1.2 billion in assets as at June 30. Late last week, Eildon confirmed it was in discussions with Trilogy relating to a proposed transaction in response ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... collective membership." The merger was first flagged in November 2022, with the two funds signing a binding agreement in June 2023. Then, in August the two mandated Iress to lay the technological foundations for the merged entity, which will be administered ...

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... Equity fund. Mercer head of equities for the Pacific Shannon Reilly noted that long-short strategies performed well over the June quarter, holding several spots among the top 10 managers in Mercer's Australian shares investment manager universe. A key ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... $60 million was invested in the Clime Income Fund. Clime did not disclose the client awarding the mandate. At the end of June, Clime had $1.6 billion in funds under management (FUM), up 22% in the fourth quarter thanks to the newly won business. It expects ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... period. Engaging restructuring appointments allow the businesses to retain control while restructuring its affairs, and, as of June 30, 89.4% of those companies remain registered, whereas 5.4% have gone into liquidation and 5.2% were deregistered.

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... the total fund, and enhance our risk-adjusted returns," Chan said. CalSTRS appointed its global equity investment director June Kim to oversee the division. Kim will oversee portfolio construction, asset allocation, balance sheet management, and investment ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... intend to comment on such matters." Spending two years as Eildon's chief executive, Laurence Parisi called it quits on June 30, jumping to Brisbane-based Trilogy as its new manager of property funds effective this month. Parisi joined real estate ...

Betashares launches momentum ETF

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... ​Betashares said MTUM's index has outperformed the S&P/ASX 200 Index by 2.8% p.a. from its inception in May 2011 to end June 2024. "The Betashares Australian Momentum ETF combines the performance potential of momentum investing with the convenience ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...