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Showing 61 - 70 of 1945 results for %22June quarter%22

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... sheet settings remain strong, and we are well advanced on our FY22 term wholesale funding task with $34 billion raised by end June," he said. "Investments to deliver simpler, more digital experiences for customers and colleagues are supporting balanced ...

TIP Group launches first UK fund

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... the retail Teaminvest Access Fund which, as previously reported by Financial Standard, was acquired from Burman Invest in June. Recently, TIP Group has also made several key hires. This month TIP named Rachel Swift as chief strategy officer; she is leading ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
Insignia Financial has reported a reduction of 82 financial advisers in its network for the June quarter. Since the last quarter, Insignia reported 34 employed and 45 self-employed advisers had left bringing its current total to 1,600. It explained ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Perpetual has reported its total assets under management (AUM) have slumped 8% to $90.4 billion in the June quarter. Perpetual Asset Management Australia's AUM was down 16% to $21.3 billion and net outflows for the quarter were $1.9 billion. The ...

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... shareholders' best interests. The renewed talks also follow Pendal's funds under management announcement for the June quarter which showed a drop of 11% or $12 billion. The manager now has about $111 billion, down from $124.9 billion at the end of ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
HUB24 has posted its June quarter results, the wealth management group posted record platform annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of ...

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
Pendal Group has reported its funds under management dropped over 11% in the June quarter. On Friday the investment manager announced FUM dropped to $111.0 billion in the June quarter, down from $124.9 billion at the end of the March quarter. It reported ...

Netwealth reports record inflows

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion for the June quarter. However, Netwealth said that although June had been a strong quarter, it was impacted by difficult industry conditions including ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... included in its annual report, expected in August. The news came as Australian Ethical provided an updated for the June quarter. While it reported positive net flows of $102 million, it also saw a $150 million redemption from an institutional client ...