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Showing 61 - 70 of 875 results for "Field"

ETF market dips but bright spots emerge

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
The $3.11 billion net flows in February struggled to boost the Australian ETF market's position, with funds under management (FUM) dropping to $255 billion, according to VanEck's monthly ETF data. February marked the eighth consecutive month ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Insignia Financial will take a $53.5 million profit hit after electing not to exercise an early repayment request from NAB. Insignia issued $200 million of subordinated loan notes (SLNs) to NAB in May 2021 as part of the funding package to finance the ...

State Street expands global custody footprint

MATTHEW WAI  |  MONDAY, 3 MAR 2025
... global transaction banking unit Tsutomu Yamamoto added that State Street has long been a "recognised leader" in the relevant field and is the ideal candidate to continue its global custody business. "In today's increasingly complex investment landscape ...

GCQ enters ETF market, expands sales team

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
Doug Tynan's GCQ Funds Management joins a growing number of active managers to enter the exchange-traded fund sector. The Sydney-based firm's flagship fund will trade on the ASX as an active ETF providing investors with access to GCQ's concentrated ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... needs," Northern Trust country head of Australia Leon Stavrou said. "Our selection by Generation Life, a leader in their field, will help them achieve operational excellence, and we look forward to building a highly successful partnership." Generation ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... AustralianSuper argued that the current tax system framework is weighing on the industry, creating uncertainty and tilting the playing field against super funds competing with other global institutional investors. AustralianSuper pushed for rollover ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... inefficient regulation," the FSC said. This includes simplifying the breach reporting regime and providing a level playing field under the foreign investment framework. For the breach reporting regime, the FSC proposes that breaches that do not result ...

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
Laws that will double the tax on earnings of superannuation balances over $3 million, which were shelved in late 2024, will make the system fairer particularly as many are doing it tough, The Australia Institute says. The Australia Institute chief economist ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
Bain Capital has re-entered the arena to vie for Insignia Financial, matching CC Capital Partners' $4.30 per share offer. Insignia rejected Bain Capital's bid of $4 per share on December 18, claiming it "does not adequately represent fair value" ...