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Showing 81 - 90 of 555 results for "Year End"

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... around record levels and price pressures remain intense with inflation still high and likely to rise to around 7.5% by year end." "As such the RBA remains under pressure to bring demand back into line with supply and to continue signalling that its committed ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
Retail investor numbers have dropped as pandemic-driven hype dampens according to an Investment Trends, 2022 First Half Australia Online Investing report. The report reveals retail online investor numbers have begun to ease. An estimated 1.47 million ...

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
... billion in FUM but market volatility and the loss of a $200 million institutional mandate saw this drop to $6.2 billion by year end. Its merger with Christian Super, to be completed early 2023, is expected to add a further $2 billion to FUM. While it ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
AustralianSuper has raised the fees of most investment options on account of its recent investments in several large infrastructure and property assets. The fund's balanced option, in which more than 90% of its members are invested, saw its fees ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... it concluded. EQT further announced its net profit after tax is up 12.5% on the prior year to $24 million. For June 30 year end, it said funds under management, administration and supervision saw a 3.3% increase to $148.9 billion, revenue grew 10.4% ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
ASIC has prosecuted 10 companies for failing to comply with obligations to lodge financial reports. The regulator announced its sizeable list on Friday and said the prosecutions took place between January 2022 and June 2022. ASIC acted against the Blackgold ...

Russell Investments chief executive announces departure

CASSANDRA BALDINI  |  FRIDAY, 5 AUG 2022
Russell Investments chair and chief executive Michelle Seitz plans to step down by year end. Seitz held the role for five years and will work with Russell's' board and leadership team to transition smoothly. The company said it's hired a recruitment ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Diverger managing director Nathan Jacobsen said improving scale and pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 ...

Australian Catholic Super, UniSuper sign SFT deed

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... The funds said preparation for the transition is already underway, with the whole process expected to be finalised by year end. "We're really pleased to progress the agreement with ACS. Our aligned values and member-first focus will help to ensure a ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
APRA's latest quarterly superannuation performance statistics show the industry's total assets increased almost 10% over the past year. Super assets totalled $3.4 trillion at the end of March 2022, a 9.7% increase from the year prior. The total assets ...