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Showing 771 - 780 of 6955 results for "March"

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... billion as of May 31, attributed to the successful Christian Super integration and positive investment returns. Between March and May 2023, the Australian Ethical logged a positive net flow of $90 million. The investment manager saw $110 million in superannuation ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... Combet's tenure at IFM, with funds under management (FUM) growing from $50 billion in 2014 to $217 billion as of 31 March 2023. He attributed this success largely to Garry Weaven, who he succeeded as chair. Reflecting on his role at ISA, Combet highlighted ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... considerable outflows of client funds. The banks predicament was worsened by recent disruptions in the US banking system in March 2023. "It was necessary for the authorities to take action in order to prevent serious damage to the Swiss and international ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... property and infrastructure across all its options. Just $235 million of this was invested in the property option as at March 30. The infrastructure option had just $66 million. In the year to May end, the property option returned 3.83%. Over three and ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... $3.53 million each day between November 2014 and February 2015; and retain the additional funding from its overdraft between March and May 2015, a daily average of $2.67 million. While some was repaid, the final claim on 6 May 2015 of $3.37 million was ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... the money for personal expenses, while also collected more than $1 million in fees for the "advice". This occurred between March 2017 and December 2020, and her husband Sadu Singh was also a director of the company. He was also found to have failed his ...

ETP investors struggle to pick winners

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... rate assumes a theoretical return without any cash flows.The research considered 137 ETPs over a three-year period up to March 2023. Results indicated a negative MW premium across major asset classes, including Australian equities, international equites ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... of $32 million, inclusive of interest and superannuation. Suncorp underpaid nearly 16,000 employees between May 2014 and March 2022. The issue stemmed from the bank's inconsistent application of the 'Rostered Employee' clause in its Enterprise Agreements. ...

Australian Retirement Trust makes three leadership appointments

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... chief of staff and executive general manager of advice, guidance and education at Australian Retirement Trust (ART). In March, and about a year on from its creation, ART overhauled its executive team to better position it for the next stage of growth. ...

Advice regtech acquires TIQK assets

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... specific to advice assurance, AI code, integration tools, and rules-based algorithms. Regtech TIQK went into liquidation on March 6, operating less than seven years after it launched. Ronchi said TIQK's technology delivers key building blocks for ...

Editor's Choice

Global X awards mandate for ETF business

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

Bell Asset Management launches small-caps fund

KARREN VERGARA
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
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
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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