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Showing 931 - 940 of 6247 results for "December 2007"

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Calastone insights have found that Australians' investment appetite has cooled markedly in the first quarter of 2022. The quarterly fund flow index from Calastone found that after record inflows to managed equity funds in 2021, the value of new cash ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Mayfair 101 founder James Mawhinney has launched an appeal against his 20-year ban from financial services. Mawhinney is also appealing a $30 million penalty handed down in the Federal Court to Mayfair 101 for misleading advertising. "The events of ...

North ESG AUM boasts rapid growth

CHLOE WALKER  |  MONDAY, 11 APR 2022
AMP's North has added a further 13 ESG options to its investment menu as the platform records significant growth over the past calendar year. AUM for North's ESG investment range increased by about 100% to almost $600 million over the 12 months to 31 ...

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
Magellan experienced $1.1 billion in net outflows from March 11 to March 31. The outflows were made up of $500 million in retail outflows and $600 million in institutional outflows. The fund manager also announced to the ASX that it has received notification ...

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
Assistant treasurer of the Tax Practitioners Board (TPB), Michael Sukkar, has appointed Andrew Conway and Steven Dobson to the board for a three-year period starting from 30 March 2022. Conway is chief executive and a fellow of the Institute of Public ...

Cbus creates head of investment options role

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
Cbus has appointed a head of investment options, a newly created role designed to support the fund's internalisation of the option rebalancing process. Ciaran McBride steps into the new position. He will be responsible for ensuring that all investment ...

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
Westpac has informed employees they are now free to discuss their salaries with one another, saying it will no longer enforce confidentiality clauses in contracts. Making the announcement yesterday, Westpac said its decision actually dates back to December  ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The investment manager has disclosed the loss of a substantial institutional mandate and, in a separate matter, seen the details of a 2018 misconduct investigation aired by the UK regulator. Overnight GAM International announced an unnamed institutional ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Citing members' best interests, the trustee is closing several of OneSuper's sub-plans due to lack of scale. Diversa Trustees' OneSuper, formerly known as Smartsave, is home to 14 superannuation offerings including Allan Gray Superannuation ...

Government vows support for SMEs, self-funded retirees

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
Small business owners and self-funded retirees will get a boost out of the upcoming Federal Budget, with the government pledging to lower uplift rates, digitalise trust income reporting and improving the pay-as-you-go (PAYG) system. Announced yesterday ...