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Showing 1 - 10 of 6446 results for "December"

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... about $1 billion in funds under management. About seven years later, it's still yet to achieve such numbers. As at December 2023, Spaceship had 21,340 member accounts and $773 million in assets. The fund it's merging into, OneSuper, has recently ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... options from industry funds to fail and was known as the High Growth option for much of the relevant period. At the end of December 2022, prior to the performance test result, the option had 910 member accounts invested and about $58.8 million in funds ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... anniversary of the transaction. PAC said actual proceeds could vary modestly based on final transaction costs. As at 31 December 2023, PAC's estimate for the fair value of its Pennybacker stake was US$57.2 million. "This is an exciting development for ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... of the sale to KKR, which means the remaining asset management business will need to change brands, most likely by 31 December 2025. "... the domestic asset manager will move from having a well-known and long trusted brand to a completely new one. We ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... which rose 1% in the March quarter. In addition, the RBA lifted its Consumer Price Index forecast by 5bps in June and December 2024 to 3.8% but still expects inflation will return to the top of the target range by December 2025. In its statement, the ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... all whilst helping our members retire well with confidence," he said. AvSuper started hunting for a merger partner in December 2021, spurred by its default MySuper investment option failing the inaugural Your Future, Your Super performance test in August ...

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... successful transactions in this space," Dexus chief executive, funds management Deborah Coakley said. DREP1 closed in December 2022, with the fund's investment capacity at around $1 billion, including gearing. Up to four DREP1 deals are expected to be ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... launched its first active ETF on the ASX in 2018, the Global Emerging Markets Fund (Managed Fund). It then waited until December 2021 to bring the Fidelity Global Demographics Fund (Managed Fund) to market. Its decision to add further active ETFs comes ...

Prime Super finds new chief executive

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... services and head of products and marketing at National Australia Bank. Seales succeeds Lachlan Baird, who left the role in December last year after 18 years in the top job. During the interim period, Remo Memmolo assumed the responsibilities of chief ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every Link share, inclusive of a $0.16 dividend. The takeover still requires regulatory ...
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