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Showing 71 - 80 of 7528 results for "June"

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... UBS Billionaire Ambitions Report, now in its ninth edition, surveyed 79 billionaire clients from across the globe between June 30 and September 17. Interestingly, the APAC region minted the most new self-made billionaires during the period, at 81.4% ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... fund invested in Honeywell International from November 2 to 18. It was invested in the other companies between May 31 to June 13. Morningstar reported the incidents to ASIC after its ESG research arm Sustainalytics identified that the companies either ...

Iress upgrades earnings guidance, accelerates transformation

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... with the intent to allocate the proceeds toward reducing net debt. Notably, net debt has decreased from $375 million as of June 30 to $308 million as of October 31. Iress chief executive Marcus Price said the transformation plan has been accelerated ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... balanced against the 7.8% December peak. It further explained, the figure reveals a gradual cool down, dropping from 5.9% in June and 6.8% in the December 2022 quarter. Looking at the drivers, the ABS explained that annual services inflation eased for ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... imposed on Mercer Financial Advice for inappropriately charging fees to customers. Mercer admitted that, between July 2016 and June 2019, it failed to invite more than 800 clients to annual review meetings when they were entitled to attend; failed to ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... positive development, the MySuper products currently on offer have significantly outperformed those that exited. As of 30 June 2023, the 58 products with a sufficient history surpassed their benchmark returns by an average of 0.41% per annum over a nine-year ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... facilitated the transfer of large sums of client money that was meant to be held on trust. Yuen instructed St George Bank on 13 June 2014 to transfer $6.8 million of client funds out of BBY's futures client segregated account, a client money account ...

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... option strategies. As at October end, the fund had just $9.36 million in funds under management - about half what it had in June 2022. Since its 2007 inception, it has failed to outperform the benchmark, achieving 5.08% against the 1-Year Bank Bill Swap ...

Private equity, venture capital outperform listed assets: Research

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
... latest Private capital benchmarking research report, $35.9 billion has been distributed to PE and VC investors from 1997 to June 2023. The report, conducted by global investment firm Cambridge Associates, said that local PE has delivered a consistent ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
... rich one, but it's interesting that the small-cap market has bottomed three times at almost exactly the same level - in June and September last year, and in October this year... Each time it's bounced quite well and looking like it's doing ...