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Showing 851 - 860 of 8235 results for "June"

ISPT appoints risk, legal chief

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... organisation's structure for increased efficiency. ISPT is currently exploring a potential merger with IFM Investors, as confirmed in June. The industry super fund-owned IFM Investors and ISPT said in a joint statement that: "A potential merger recognises ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... in 2023, 2.9% in 2024, and 2.2% in 2025," it explained. It acknowledged the barrage of rate hikes handed down since last June has played a role in creating tighter financial conditions, which in turn have subdued demand, "which is an important factor ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... the organisation." FAC said it has been operating a $13 million concept fund since 2021 and has deployed $9.1 million as of June 30 across 51 finance facilities.

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... 150 candidates who passed in August brings the total number of advisers to pass the exam since its first sitting back in June 2019 to 19,172 - 92% of those who have attempted it. The next exam sitting will take place on Thursday, November 9. Enrolments ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... equities fund. It will also shutter several Pendal funds in November. The Perpetual Global Innovation Share Fund was launched in June 2017 and invested in global companies benefiting from technological change and innovation. The fund aimed to outperform ...

Ironbark, Invest Blue to create $64bn powerhouse

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... newly formed entity is set to oversee approximately $64 billion in funds under management, trusteeship, and advice as of 30 June 2023. Additionally, it will have over 500 staff members and offices in various locations across Australia. Ironbark chief ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... that outstanding service," Jarvis said. Aware has some 1.1 million members and $157 billion in assets under management as at June. "We see time and again how the right advice at the right time has a life-changing effect on our members, and we're doing ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... "Interestingly, the data also shows members aged 75 and over are choosing to stay in SMSFs for longer," he said. At the end of June, there were 610,287 SMSFs, up 4.2% year on year, according to APRA data. SMSFs comprise $876.4 billion or 25% of the $3.54 ...

NZ Super Fund delivers 11.9%

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
NZ Super Fund has achieved a pre-tax return of 11.9% for the full year to 30 June 2023 and increased its value by $9.7 billion to $64.5 billion. Despite the positive results, the global recovery in share prices over the year meant that its total return ...

Two top Global X executives exit

KARREN VERGARA  |  TUESDAY, 12 SEP 2023
... years of tenure. Chugh started out as a business development manager at ETF Securities before it was acquired by Global X in June 2022, and took on more senior roles over the years as co-head of sales and most recently head of distribution. Prior to ...