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Showing 631 - 640 of 6208 results for "SIX"

Escala loses bid to restrain former executives

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... William Allen tendered his resigned to take up a role at LGT Crestone. His employment contract had a non-compete period of up to six months and a covenant in restraint of trade of up to 12 months. The trio worked in the same team, with Allen reporting ...

Multi-asset funds see $1bn exodus

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
... money elsewhere. Between 2019 and 2021, multi-asset funds experienced only one month of outflows. But since the start of 2023, six months recorded net outflows. Calastone director Marsha Lee said mixed-asset funds were created to benefit from the way ...

FAAA names inaugural awards finalists

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... presented at its annual Professionals Congress in November. The newly merged entity has launched its inaugural awards, spanning six categories. The awards aim to acknowledge members who consistently provide the highest standards of professional and trusted ...

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... popularity or the features of smart beta ETFs." ASX data indicates that despite growth in the number of active ETFs - from six in 2015 to 90 today - net flows into these active products have been negative for the past two years. Underscoring this decline ...

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... hit $22.5 million. Funds under management increased by 77% during the period to reach $7.5 billion as at Aug 23, driven by six institutional mandates totalling $3.2 billon. Qualitas now has $8 billion in FUM.

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... for the "additional work" he did for AMP Capital; relocation expenses worth $377,000 before tax; and a payment in lieu of six months' notice. AMP group executive for advice Matt Lawler said: "While we believe we have grounds on which to appeal, we ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... he was sole director and shareholder of Platinum Perpetual Global Private Wealth, court documents read. One client noticed six unauthorised withdrawals amounting to over $100,000 that Sebo wired to his business account. After a few weeks, Sebo continued ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... balance limit of $11,800 rather than $7800. Further, the government will double the employment income nil rate period to almost six months (12 fortnights). This will reduce barriers for income support recipients to take up work by allowing them to retain ...

GPT appoints Charter Hall executive as new chief

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... understanding of commercial property markets, funds management, mergers and acquisitions and finance to the role. Before taking his six-year stint at Charter Hall, he worked at Brookfield Asset Management for 11 years as its managing partner and chief ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... upgrades are in addition to other Income Assure+ features, which also include an income replacement ratio of up to 90% for six months post-claim if customers select the "booster" option.