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Showing 781 - 790 of 6954 results for "March"

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... capabilities. They also have an extensive common shareholder base." IFM had $216.7 billion in assets under management at the end of March, according to Rainmaker data. Some $26.4 billion is invested in international infrastructure while $18 billion is ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
The fund manager bled $12.6 billion in outflows across several managed funds in the year to March, Rainmaker research shows. Four of First Sentier Investors' products lost more than $1 billion in net flows each, Rainmaker's latest Wholesale ...

Quality stocks outperform on average: Bell AM

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... quality stocks is just starting now, following a series of unfortunate events within the world of financial services. "In March we saw the collapse of Silicon Valley Bank (SVB) and some of the regional banks in the US, we saw Credit Suisse go up in a ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... excluding these volatile items, the annual movement of the monthly CPI indicator was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is ...

BT upgrades platform functionality

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... so far this year, 1300 related to requests to generate a Centrelink schedule." The Service Request Tracker was updated in March and now allows advisers to download and submit selected forms. Uptake has reached 17,000 unique users as of May 2023. "Tracking ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
... said it then took measures to address the problem, including issuing a new PDS and new member guide and costs fact sheet in March this year. It also reviewed its processes to prevent similar issues from occurring in the future, it said. Of note, the ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... AMP's Platform business and brings nearly three decades of experience to the role. Meanwhile, Natalie Philips joined in March as NSW state manager. Philips was previously a business development manager at Challenger and joins with over 13 years of ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... high of $964.5 billion thanks to the mandatory increase in superannuation contributions and market recovery. The year to March saw MySuper assets grow 5.1% to surpass the previous high reached in December 2021 of $947 billion, the latest APRA statistics ...

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
... for July 10. Meanwhile, in a separate action, ASIC suspended the AFSL of Huntley Management for 12 months, effective from March 21. Huntley Management was authorised to deal in the interests in managed investment schemes to retail and wholesale clients ...

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
... 2022, The Economist released an article arguing that ESG is "the three letters that won't save the planet". Then, in March, US President Joe Biden used his first veto to fight a Republican proposal to prevent pension fund managers from basing investment ...