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Showing 751 - 760 of 5902 results for "Second"

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... administration to over $260 billion. The merger also saw ART's membership swell to 2.3 million, cementing it as Australia's second-largest superannuation fund. The Woolworths and Endeavour merger comes during a strong growth period for ART; the ...

JPMAM launches two active ETFs

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... positioned in this current volatile environment," said JPMAM head of wholesale for Australia and New Zealand Mark Carlile. The second ETF, the JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF (JREM), is set to launch shortly. Carlile ...

Qualitas scores another $700m from ADIA

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
The listed real estate manager has secured a second commitment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The sovereign wealth fund will now invest a total of $1.4 billion in the Qualitas Diversified Credit Investments ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... settlement amount will be met by available insurance proceeds," AMP said. "This settlement does not impact the current second tranche of capital return to shareholders and we remain committed to updating the market on the third tranche of capital return ...

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

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to 1H23, Westpac said it remains in a strong financial position. The increase in expenses was attributed ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... experts including Resolution Life Australasia on the design of PAS. Resolution Life is now working with DB Results for a second migration of its recently acquired AIA Australia Super and Investments business. "We look forward to another successful migration," ...

Frontier adds two consultants

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
... financial adviser providing strategic advice across investments, superannuation, insurance, and retirement strategies. The second recruit, Yeukayi Kadzere, has landed at Frontier as a consultant in the firm's defensive assets and private markets ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... are signs of performance improvement, pointing to the Global Equities Strategy which outperformed the benchmark over the second half of the financial year and made $11 million in performance fees. "These figures reflect the changes the company has experienced ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... brought in April 2022. The maximum penalty for a contravention of this type is one year in prison and/or a fine of $25,200. A second charge relating to alleged content on Helio's website was withdrawn. This was in relation to a news artless dated 10 ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... $45,000, and introduce a mechanism to ensure that the eligibility for the LISTO is permanently aligned with changes to the second tax bracket. The cap on how much LISTO is paid should increase from $500 to $640 and that the compulsory super to the Parental ...