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Showing 751 - 760 of 7091 results for "June 28"

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON | TUESDAY, 5 SEP 2023

Integrity Life will not take on any new retail advised business, saying the decline in risk advisers has forced a strategic pivot. Integrity Group, the parent company of Integrity Life, said it undertook a review of the business' strategy, considering ...

Janus Henderson launches new fund

CASSANDRA BALDINI | TUESDAY, 5 SEP 2023

Janus Henderson has launched its Emerging Markets Equity Fund to local investors, the result of increased client demand. The fund provides exposure to countries and corporations at different stages of economic and political development, targeting a ...

Managed accounts FUM hits $162bn

KARREN VERGARA | TUESDAY, 5 SEP 2023

Managed accounts assets jumped 19% in the year to June to reach a record high of $161.7 billion. This is according to the latest Institute of Managed Account Professionals (IMAP) and Milliman figures, which canvassed 48 firms in their survey. Separately ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN | MONDAY, 4 SEP 2023

Hostplus and Maritime Super have finalised their merger, following a due diligence process that began with the signing of a successor funds transfer deed last December. The merger aims to scale up the capabilities of both superannuation funds, offering ...

K2 told to freeze distribution of fund

JAMIE WILLIAMSON | MONDAY, 4 SEP 2023

ASIC placed an interim stop order on a residential property fund promoted by K2 Asset Management due to issues with its target market determination (TMD). K2 Asset Management cannot distribute the Storehouse Residential Trust or any information about ...

Saxo APAC asset management lead exits

KARREN VERGARA | MONDAY, 4 SEP 2023

The head of Saxo Markets' asset management for Asia Pacific has left the company after two years. Sydney-based Manish Prasad was appointed to the role in June 2021 and has recently left the firm, Saxo confirmed. Prasad was hired at a time when Saxo ...

Future Fund posts 6% return

JAMIE WILLIAMSON | WEDNESDAY, 30 AUG 2023

The nation's sovereign wealth fund returned 6% in FY23, with chief executive Raphael Arndt saying markets are under-pricing economic and geopolitical risks. The total funds now invested by the Future Fund stand at $256.2 billion, inclusive of the $60 ...

Strategic reset delivers for Count

JAMIE WILLIAMSON | WEDNESDAY, 30 AUG 2023

Count has seen growth in its wealth business, with aggregated revenues rising 24%, gross business earnings up 19%, and a significant jump in adviser numbers. In "a year of transformation", Count reported a very slight decline in net profit after tax ...

Citi terminates staff super fund

JAMIE WILLIAMSON | TUESDAY, 29 AUG 2023

Citi is closing its staff superannuation fund and ceasing all defined benefit funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate ...

Praemium reports strong growth in FY23

CHLOE WALKER | TUESDAY, 29 AUG 2023

Praemium has reported an uplift in business performance following the divestment of its international business. Reporting to the ASX today, Praemium posted a 23% uplift in underlying earnings before interest to $23.4 million, compared to the $19.1 million ...

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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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