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Showing 691 - 700 of 8407 results for "June"

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... estate fund manager Payton Capital, kickstarting the first step in its plan to create a $5 billion private credit platform. In June, HMC Capital has announced a strategic investment in Stor-Energy, a specialist developer, owner, and operator of utility-scale ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... providing bad financial advice. Ultiqa's failure to pay an Australian Financial Complaints Authority (AFCA) determination on June 28 led to the cancellation of its AFSL and credit licence as the Compensation Scheme of Last Resort (CSLR) had to step in ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... Magellan Financial Group's current chair Andrew Formica led Jupiter between 2019 and 2022. He remained with Jupiter until 30 June 2023 to assist with some of the group's strategic objectives, including developing its offering in Australia.

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... Goodwin will become joint chief investment officers effective December 2. They replace Stephen Gilmore, who left at the end of June to lead the investment unit at CalPERS. Dunstan is the head of portfolio completion and has been with NZSF since September ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... inflows came in at $139 million - this was a major improvement from the $414 million in outflows reported in the quarter to June 30. Praemium chief executive Anthony Wamsteker said the company was able to deliver an extremely pleasing result for the ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... loss amount," the FSC said. In November 2023, the FSC banned short selling in domestic stock markets up until the end of June due to its concerns about naked short-selling activities taking place routinely, which it said, "could potentially disrupt domestic ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... Meanwhile, the bull market bolstered Perpetual's assets under management (AUM) to $222.3 billion, up from $215 billion in June. Market movements totalled $12.7 billion while net inflows were positive at $0.4 billion. Reilly said the 3% uplift in ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the year to June 2024, 51% fewer than the previous year. A decade earlier, there were an estimated 391 mandate appointments in the year to ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... investment analyst. She moved up to deputy portfolio manager of the Alpha Plus Fund in 2016 and to co-portfolio manager in June 2018. Shortly after Fenton left, investors pulled out more than $600 million from Tribeca Alpha Plus, dipping as low as $331 ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
Australia's investment management market continued its upward climb, reaching $3.4 trillion by the end of June, recording annual growth of 8.8%, according to Rainmaker Information. Consolidated assets, which represent headline funds under management ...