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Showing 611 - 620 of 7410 results for "MAI"

AustralianSuper bids farewell to retirement chief

MATTHEW WAI  |  FRIDAY, 1 NOV 2024
AustralianSuper chief retirement officer Shawn Blackmore is setting off to establish his own venture after 17 years with the fund. Blackmore, also previously served as group executive of member experience and advice, and general manager operations ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
Macquarie Group has posted a net profit of $1.6 billion for the half year ended September 30, marking a 14% increase from the previous corresponding period. Macquarie managing director and chief executive Shemara Wikramanayake said improved performance ...

Licensees pay $92m in compensation

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
ASIC has released its third publication on information lodged under the reportable situations regime. The publication provides high-level insights into reporting trends from 1 July 2023 to 30 June 2024, and covers licensee population reporting, breach ...

UBS terminates Future Leaders small cap fund

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
UBS has pulled the plug on its Future Leaders Global Small Companies Fund, less than two years after its Australian launch. The fund, which was an actively managed global strategy of 40 to 60 small cap "future leader" stocks, designed to provide investors ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
The Consumer Price Index (CPI) rose 0.2% in the September 2024 quarter and 2.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The September quarter's rise of 0.2% is the lowest outcome since the June 2020 quarter ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
Colonial First State (CFS) is introducing a bunch of fund manager, asset allocation, and fee changes to two of its FirstChoice products from November 16. For FirstChoice Employer Super, Platypus Australian Equities will take over as investment manager ...

Euroz Hartleys Group names managing director

MATTHEW WAI  |  MONDAY, 28 OCT 2024
The Perth-based financial services business has appointed a managing director, promoting from one of its subsidiaries. Tim Bunney has taken on the role, stepping up from managing director and head of institutional sales of the group's main operating ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
High interest rates (70%), economic downturn and inflation risks (both 68.8%), and the impact of central bank policy (61.3%) usurped any concerns about this year's election cycle for Australian financial advisers and investors, according to this year's ...

BlackRock lowers fees on two funds

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
BlackRock has lowered the management fee on the Australian Alpha Tilts Fund and the Advantage Australian Equity Fund, effective October 1. For the Australian Alpha Tilts Fund, the management fee charged in the S Class of the Fund was reduced from 0.29% ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
HMC Capital has announced it will establish a global digital infrastructure platform comprising the global DigiCo Infrastructure REIT, intended to be listed on the ASX alongside a new unlisted institutional fund. HMC will acquire Global Switch Australia ...