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Showing 591 - 600 of 14064 results for "State"

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... volatile items and holiday travel measure rose 3.2% in the 12 months to July, compared to a 2.5% rise in the 12 months to June. State Street Global Advisors APAC economist Krishna Bhimavarapu says the higher-than-expected reading will cool expectations ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
The Australian Taxation Office (ATO) has warned of an increase in "dodgy advice" about accessing superannuation savings for non-critical medical procedures, like cosmetic dental work. The number of people accessing their super under the guise of medical ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
Following the exit of its chief executive, Allianz Retire+ has made several positions redundant as it works to streamline the business. While the company declined to comment on how many roles were affected, it is understood it is less than 20% of the ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... the Bank's unique and comprehensive financial data set." Before joining CBA, Allen spent over a decade at Colonial First State Global Asset Management (now First Sentier) where she held the role of senior analyst in the Economic and Market Research team. ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
The exit of three key portfolio managers at Stewart Investors has thrown ratings of several funds they managed into disarray. Sydney-based senior portfolio managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... assets decline in the period, albeit negligible change of -0.5%. This was due to a 3.3% decline in non-Australian assets. State Street and Northern Trust round out the top three with $1.02 trillion and $931 billion in assets under custody respectively. ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Healthbridge Capital investors have been locked out of their money since March amid a liquidity crunch as corporate regulator ASIC stays mum about its knowledge or investigation into the potential collapse of another managed investment scheme. A significant ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
VG1 Partners Global Investments (VG1) appointed a new investment manager after booking an operating loss of $17.6 million and delivering net portfolio returns of -3% for the last financial year. Regal Partners appointed Paul Moore to be the investment ...

Global X ETFs on a hiring spree, readies for $12bn FUM

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
... the group is also looking for an accountant to join its finance team. (Want to know more? Read: How Global X leapfrogged State Street in June this year ) Global X is one of the fastest growing companies in the sector. In 2023, it had set a target of ...