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Showing 731 - 740 of 6957 results for "March"

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 ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... billion for the children of Future Fund. This assumes there will be no erosion in the value of funds under management from 31 March 2023," he said. Burshtein highlighted that the term "sovereign wealth fund" carries a questionable connotation, given ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... Financial to Count in October 2019 and stopped providing licensee services through CFP-Pathways and Financial Wisdom in March and June 2020 respectively. During the period, CBA increased its provision for aligned advice remediation issues and program ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... replace the sufficient equivalence relief which is already being transitioned out; once transitional arrangements expire in March 2024 foreign providers will need to apply for an AFSL where no other exemption or relief can be applied. Meanwhile, the ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... providers or other third-party providers, it would put the Australian market regulator in line with other jurisdictions. In March, the UK's Financial Conduct Authority (FCA) issued a letter to CEOs of index providers, warning them that in the FCA's ...

PGIM client group lead in sudden departure

ELIZABETH FRY  |  FRIDAY, 4 AUG 2023
... US$1.2 trillion investment manager. It is understood that PGIM is searching for a replacement. Brewer landed at PGIM in March as head of its institutional relationship group for Australia and New Zealand. He replaced Cameron Sinclair, who spent five ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... the current CHESS until a replacement is successfully administered. The regulator launched a review into the blunder last March which looked to investigate if the exchange and its directors' breached obligations under several sections of the Corporations ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... property market indicators suggest prices and transaction volumes have been recovering from their recent trough, since around March. This extended pause in monetary policy tightening will help to inject a greater degree of confidence and stability into ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... delivered a 13.5% return for members aged 50 and under, attributed to its higher allocation to growth assets. Since its March 2020 inception, GoalTracker has provided an average annual return of 11%. The strategy behind GoalTracker varies according to ...