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Showing 61 - 70 of 6437 results for "December"

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... income protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled new members in income protection insurance without their active consent. It ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... Statistics, which defines a technical recession to include two or more consecutive quarters of contracting output. The December quarter's slowdown was driven by the services, production, and construction sectors. The services sector recorded three consecutive ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total decrease of about $697.3 million ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
Fiducian reported a 10% increase in revenues and 18% jump in funds under management for the six months to December end, saying it's the result of a disciplined business plan. In its half-year update, Fiducian said its underlying net profit after tax ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... Macquarie Asset Management (MAM) and Banking and Financial Services, saw a decline in their combined net profit for the December 2023 quarter, impacted by fewer asset realisations and continued investment in the development of green energy portfolio ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
... objective," EQT executive general manager, corporate trustee services Australia Russell Beasley said. The fund, launched in December 2012, aimed to achieve long-term capital growth by investing mainly in equities and equity-related securities of Asian ...

IPO Capital clients receive payments from Mayfair 101

JAMIE WILLIAMSON  |  FRIDAY, 9 FEB 2024
... first action against Mayfair 101, the group has resumed interest payments to lenders in IPO Capital. Payments for the December quarter have been made in full to more than 12 lenders after waiting for the group's liquidity position to improve. IPO Capital ...

GQG Partners records US$127bn FUM

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... US$9.7 billion (up from US$9.3 billion), respectively. GQG will announce its full-year results for the period ending 31 December 2023 next week to the ASX and host an investor call with co-founders Rajiv Jain and Tim Carver.

Brite Advisors to be wound up

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... Brite was likely insolvent from at least October 27 last year. It also identified a report filed by Smith and Kirkman in December 2023. This revealed a US$69 million variance between the amount Brite told its clients and their beneficiaries that it held ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... sector, small business and First Nations business." At the same time, Chronican paid tribute to McEwan, who joined NAB in December 2019 with a mandate for change in the wake of the Royal Commission. "Ross has been exactly the chief executive we needed," ...