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Showing 721 - 730 of 6955 results for "March"

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN | MONDAY, 21 AUG 2023

... by $1.5 billion. Stressed assets showed a margin increase to 1.16% of total exposures - a rise of six basis points since March 2023. This was consistent with the bank's credit impairment charges, which were 12 basis points for loans over the nine-month ...

Magellan performance halves across the board

KARREN VERGARA | FRIDAY, 18 AUG 2023

... investing in growth initiatives will be a key priority for Magellan. "We successfully relaunched our Magellan Core Series in March to positive client reception and launched two new products - our Energy Transition Strategy and our Airlie Small Companies ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA | THURSDAY, 17 AUG 2023

... parties, which is effectively a co-op type arrangement that delivers scale and synergies. The deal is set to finalise before 30 March 2024.

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN | WEDNESDAY, 16 AUG 2023

... company enters FY24, Netwealth said it's poised to further expand its market share, which has already grown to 6.7% as of March 2023, as per a Plan for Life analysis of wrap, platform, and master trust. Netwealth chief executive and managing director ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI | TUESDAY, 15 AUG 2023

... public and private markets. They have a focus on research-driven innovation and exploration of new segments," she said. As of March end, Franklin Templeton had approximately US$260 billion in alternative strategies.

BT names platform strategy lead

CHLOE WALKER | MONDAY, 14 AUG 2023

... as its head of platform strategy and development. Brinckley spent over 20 years at BT before moving to FNZ Australia in March 2022 as its head of solution consulting. Now back at BT, he will be responsible for leading and delivering product development ...

Multiple moves in Aware investments team

ELIZABETH FRY | FRIDAY, 11 AUG 2023

... Macquarie. Warner served as the global head of public markets at AMP Capital for five years. He landed at AMP Capital in March 2007 and ran the fund's fixed income business from 2014 to 2017. Meanwhile, as operating chief for investments, Howell ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA | FRIDAY, 11 AUG 2023

... 921E(3) of the Corporations Act 2001 in relation to personal advice provided to retail clients between January 2022 and March 2022. Looking closely at the FSCP's fourth determination, Capital Advisory director and financial planner Michael Miller ...

US inflation rises 3.2%

KARREN VERGARA | FRIDAY, 11 AUG 2023

... inflation back down to our 2% goal," he said. Australia's CPI softened to 6% in June. This was lower than the 7% annual rise in March but marked the second consecutive quarter of lower inflation.

Australian Ethical unveils new moderate fund

CHLOE WALKER | FRIDAY, 11 AUG 2023

... multi-asset/diversified suite of products, which already includes the balanced fund, high growth fund and diversified shares fund. Between March and May 2023, the Australian Ethical logged a positive net flow of $90 million. The investment manager saw ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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