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Showing 781 - 790 of 8410 results for "June"

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... Equity fund. Mercer head of equities for the Pacific Shannon Reilly noted that long-short strategies performed well over the June quarter, holding several spots among the top 10 managers in Mercer's Australian shares investment manager universe. A key ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... $60 million was invested in the Clime Income Fund. Clime did not disclose the client awarding the mandate. At the end of June, Clime had $1.6 billion in funds under management (FUM), up 22% in the fourth quarter thanks to the newly won business. It expects ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... period. Engaging restructuring appointments allow the businesses to retain control while restructuring its affairs, and, as of June 30, 89.4% of those companies remain registered, whereas 5.4% have gone into liquidation and 5.2% were deregistered.

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... the total fund, and enhance our risk-adjusted returns," Chan said. CalSTRS appointed its global equity investment director June Kim to oversee the division. Kim will oversee portfolio construction, asset allocation, balance sheet management, and investment ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... intend to comment on such matters." Spending two years as Eildon's chief executive, Laurence Parisi called it quits on June 30, jumping to Brisbane-based Trilogy as its new manager of property funds effective this month. Parisi joined real estate ...

Betashares launches momentum ETF

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... ​Betashares said MTUM's index has outperformed the S&P/ASX 200 Index by 2.8% p.a. from its inception in May 2011 to end June 2024. "The Betashares Australian Momentum ETF combines the performance potential of momentum investing with the convenience ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... ($0.7bn) and cash ($0.9bn) strategies. Pendal reported a final asset under management (AUM) of $41 billion at the end of June. Barrow Hanley lost $0.5 billion in the quarter to June. While its emerging market strategies attracted net inflows of $0.8 ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Financial advisers continue to ditch major institutions as more than 500 left in the year to June, Rainmaker analysis shows. Major institutions lost 8.8% of their advisers, with 513 exiting over the 12 months to end up with 5361 at the end of the period. ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... funds under management (FUM) over the last financial year. Generation Life received over $200 million in total inflows in the June quarter alone, setting an all-time sales record for both investment bonds and lifetime annuities during the period. The ...