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Showing 81 - 90 of 3450 results for %22August of%22

Franklin Templeton overhauls distribution leadership

CASSANDRA BALDINI  |  WEDNESDAY, 4 OCT 2023
... Templeton in 2018 as its managing director of investments in Australia and New Zealand, before moving to co-head of APAC last August. Before his start at the asset manager, he held senior roles at Colonial First State, Commonwealth Bank, and ING. As ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... the evolving assessment of risks," she said. This is off the back of disappointing inflation data which rose to 5.2% in August from 4.9% in July. "Timely indicators on inflation suggest that goods price inflation has eased further, Bullock said, but ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... Managed Funds Administration (MFA) business to SS&C, while also kicking off the divestment process for its Platforms unit. In August, the financial services software company revealed that SS&C would acquire its MFA business, subject to working capital ...

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... of the $1 billion mandate. Another unnamed insto committed $750 million into the Qualitas Construction Debt Fund II in August. In the same month, Qualitas secured a second commitment of $700 million from a subsidiary of the Abu Dhabi Investment Authority ...

Global small caps outperform Aussie counterparts: SSGA

ANDREW MCKEAN  |  THURSDAY, 28 SEP 2023
... Index boasts a pool of 4313 constituents, vastly outnumbering the 198 options in the S&P/ASX Small Ordinaries Index as of August 31. This disparity presents more opportunities for active portfolio managers. "A fundamental principle in active management ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...

Skynet adviser stole $10.2m: Court

KARREN VERGARA  |  THURSDAY, 28 SEP 2023
... began investigating Nugara on 21 October 2019. Immigration found that he and his family had already left Australia on 15 August 2019, residing in several countries such as Indonesia, Mexico, Costa Rica, Panama, Nicaragua, Sri Lanka, and Singapore. He ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... clients set up or maintain self-managed super funds. Sebo used all the money to feed his gambling habit between July and August 2019 while he was sole director and shareholder of Platinum Perpetual Global Private Wealth, court documents read. One client ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... itself as a leader in ESG adhering to specific policies to integrate such considerations into its investments. However, from August 2018 until late 2021, DWS failed to adequately implement certain provisions of its global ESG integration policy as it ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... the fund said. There's been several corporate super funds to announce or complete mergers of late. Most recently, in August, Citibank confirmed it would terminate its staff superannuation fund this month, citing higher operating costs and increased ...