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Showing 951 - 960 of 8235 results for "June"

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... Commercial real estate funds returned -4.4% for investors and provided a measly 3.7% in income during the period. In the June quarter alone, office funds recorded a -5.2% fall in capital growth, according to the MSCI/Mercer Australia Core Wholesale Monthly ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... "Perpetual itself has seen significant negative funds flows from its unit trusts, losing 60% of its $1.7 billion total in the June 2022 quarter," Rainmaker said. By analysing the monthly net funds flow you could tell the funds flows were not from retail ...

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... performance fees of about $1 million. The asset manager reported $17.3 billion in funds under management (FUM) and said the June outflows included about $162 million from the Platinum Trust Funds. It further explained the losses do not include the impact ...

Equity managed funds in record outflows: Calastone

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
Investors abandoned unlisted managed equity funds in record amounts in the June quarter, data from Calastone reveals, as they look to cash and fixed interest for security. Some $2.8 billion is the largest outflow Calastone has recorded in the last five ...

GQG hits US$104bn in FUM

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
GQG Partners has recorded a substantial increase in its funds under management (FUM), rising from US$86.7 billion in June 2022 to US$104.1 billion in June 2023. The asset manager attributed this robust growth to its long-term investment performance ...

Magellan's FUM falls again

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... Financial Group has taken yet another blow to its funds under management (FUM), falling $1.7 billion during the month of June. Magellan's FUM now sits at $39.7 billion. It experienced net outflows of $2.1 billion in the month, which included net retail ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... 5.28% to 5.40%. The WACR increase was 11bp on independent valuations and 13bp on directors' valuations, it said. As of 30 June 2023, WPR's portfolio comprises 402 properties with a combined valuation of $2.92 million. It explained that both independent ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... balanced growth investment option, she highlighted, has been yielding a return of 8.02% per annum over the last decade, to 30 June 2023. "This speaks to HESTA's investment acumen and our unwavering focus on generating long-term performance to support ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
... with MySuper products returning an average of 8% to May end, only to be further buoyed by the performance of equities in June. The ASX closed out the financial year with a total return of 14%, while in Australian dollar terms the S&P 500 did 23%. The ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... of our members prefer to pay in the previous financial year in any case, for tax reasons." The FAAA announced that as of June 30, over 80% of eligible practitioner members had renewed across the AFA and Financial Planning Association (FPA). "That such ...