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Showing 871 - 880 of 6471 results for "September"

NAB tops bad advice compensation bill

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... Adviser Services, and Meritum Financial Group, which are now part of IOOF, expect to remediate affected customers by September. Bad advice emanating from JBWere is due to finalise the following month. At the end of 2021, NAB knocked Westpac from the ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... and leaving a 12% gaping hole in revenue. Total FUM declined 15% to $95.5 billion in the space of three months between September and December 2021. In the same period, chief executive Brett Cairns resigned for personal reason, while Douglass had to appease ...

Korean pension fund spends in Sydney

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
... attractive diversification to the portfolio," Allianz Real Estate Asia Pacific chief executive Rushabh Desai said. As at September last year, Allianz Real Estate's exposures in the region totalled US$8.8 billion; 20% is held in Australia. The transaction ...

Plato launches net zero fund

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... change while having the ability to starve polluters of capital by shorting the most egregious emitters." Incepted in September 2021, the strategy has so far achieved a return of 8.29%. Its benchmark, the MSCI World Index, has achieved 4.38%. "We know ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... end. Finder's survey shows that nearly one quarter of Australians (23%) currently own cryptocurrency, up from 18% in September 2021. This figure is expected to grow as about 3.5 million Aussies plan to invest in cryptocurrency this year. Nearly one in ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... time this year, so that has kicked off and Westpac has announced that ideally prior to the end of its financial year in September a preferred partner will have been identified," he said. "The super business is a separate process which, in effect, has ...

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... previous quarter and more than doubling year on year to 109.5%. The surge was driven by sellers playing catch-up from the September quarter as lockdowns lifted, CoreLogic's research director Tim Lawless said, together with activity traditionally ...

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... stress balance sheets somewhere in the global financial system." In Australia, inflation rose 3% in the 12 months to September 2021, according to the Australian Bureau of Statistics. This is benign compared to US inflation levels, which soared to a 39-year ...

Clime finalises ownership deal, appoints CIO

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... expanded range of investment solutions, Rigall said. Assets for Clime's SMA business stood at $99 million at the end of September 2021, while IMAs had $581 million in funds under management. Ralton was previously owned by 360 Capital for a short ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
Lutheran Super informed members it has found its preferred merger partner, following a decision last September to assess the fund's options. In December the corporate fund, which holds less than $1 billion in funds under management, told members ...