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Showing 811 - 820 of 7104 results for "December"

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... Trustees in the wake of ACBC and the Global Bond Exchange's failure. The products made their debut on Cboe's platform in December 2022 but have been suspended in recent weeks. The two entities supporting the XTBs entered liquidation after failing ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... colleagues, which is appropriate. But I hope to announce the new deputy governor before the Reserve Bank meets early in December."

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... projection was trimmed by $169 million; these revisions will be disclosed in financial reports for the periods ending 31 December 2023 and 30 June 2024. In a recent statement to the ASX, Link explained that while the company considered its preliminary ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... Depository Interests (CDIs) has "declined significantly." The investment manager, which anticipates delisting from the ASX on December 6, has seen its capital held via CDIs plummet to just 5.5% as of September, down from nearly 12% in October 2022 during ...

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm. Prime Super chief executive Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... from Guild Trustee Services to Equity Trustees, which Future Group moved to in July. The deal is expected to close in December, at which time Future Group will comprise 383,000 members and more than $13.4 billion in FUM across Future Super, GuildSuper ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... of funds under management has not been reported by any entity within the Brite Group in an audited balance sheet since December 2019. Brite and its related entities operate in multiple countries, including Australia, US, UK, and Hong Kong. Its investment ...

Adviser numbers steady, but shortfall predicted

CHLOE WALKER  |  MONDAY, 30 OCT 2023
With the number of financial advisers stabilised at around 16,000 after falling 43% from its December 2018 peak, forecasting by Rainmaker Information has sought to determine whether demand for advice over the coming decade can be met. According to Rainmaker ...

Dexus launches new opportunities fund

CASSANDRA BALDINI  |  TUESDAY, 24 OCT 2023
... residential market, which presents further opportunity for the fund in a capital-constrained investment environment." Last December, DREP1 concluded with a total investment capacity of approximately $1 billion, including gearing. Dexus has indicated ...