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Showing 831 - 840 of 8239 results for "June"

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... Magellan's board said. Magellan Global Fund has two-unit classes - the open-end MGOC trading on the ASX and MGF. At the end of June, the fund had total net assets of $9.8 billion comprising $7 billion in MGOC and $2.8 billion in MGF. Microsoft, Amazon ...

legalsuper appoints finance chief

ELIZABETH FRY  |  MONDAY, 16 OCT 2023
... balanced option, where the majority of the fund's members are invested, recorded a solid return of 7.92% for the year to 30 June 2023 - delivering a top-quartile performance when measured over the past two years combined.

Selfwealth ditches Stake takeover bid

KARREN VERGARA  |  MONDAY, 16 OCT 2023
... profit in FY2023, the board believes Selfwealth is in a solid financial position with $12.4 million of net cash as of 30 June 2023 and the company has meaningful growth opportunities." The platform reported revenues of $29.4 million and $92,430 in net ...

Industrials company launches asset management arm

ANDREW MCKEAN  |  FRIDAY, 13 OCT 2023
... funds." In an ASX announcement last month, Vysarn revealed that it generated $64.96 million in revenue for the 12 months to June 30, an increase of $18.66 million compared to the same period last year. The company also reported a net profit before tax ...

TAL makes leadership changes

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
... and rose the ranks to lead different areas such as finance and group insurance. She has been the chief claims officer since June 2019 and will continue to manage the unit while TAL recruits for the position. Chief commercial officer for individual life ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... clients include sovereign wealth funds, pension funds, foundations, endowments, and family offices. Visiting Australia in June, Blue Owl head of institutional business development James Clarke was in talks with institutional investors that included super ...

BBY chief charged with aiding and abetting fraud

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... Bank which BBY was not entitled to," ASIC said. Fiona Mae Bilton, who was BBY's head of operations, was sentenced in June on three charges of dishonestly obtaining a financial advantage. ASIC found that Bilton deceived St George Bank in related to ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... pass away, only 14% actually have a plan in place to do so, according to new research from Generation Life (Gen Life). In June, Gen Life commissioned global research company Censuswide to conduct a study of 2000 adult Australian consumers to gain both ...

Magellan FUM, share price tumble

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
... of its global equities strategy, which Rainmaker Information research revealed to have outflows of $763 million during the June quarter. However, Magellan chief executive David George said that the fund manager has begun to see early signs of a performance ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... it has entered into a binding heads of agreement with Sentinel to sell both properties, valued at $110.5 million in its 30 June 2023 financial report, for a total consideration of $80.0 million. The assets in question, Botanicca seven and nine office ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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