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Showing 961 - 970 of 8243 results for "June"

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 ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... adjustments due to capital market disruption and decline in occupancy," he said. "But this time last year, leading into 30 June, we had about a 15% correction in equity markets in the quarter. That was a trigger for us to review our private equity portfolio," ...

ASIC deepens investigation into Magnolia founder

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... Capital, was prohibited from leaving Australia without the consent of the court and was ordered to surrender his passport on June 19. ASIC announced that it sought to extend the travel ban on June 26 as it continues its investigation into Atkins, who ...