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Showing 1 - 10 of 6397 results for "March"

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... interest rates on hold. "The resumption of rate hike discussions in May follows the removal of that deliberation at the March board meeting," Commonwealth Bank senior economist Belinda Allen said. "Stronger economic data, including the Q1 24 CPI print ...

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
... 2024, subject to market conditions." In total, NovaPort Capital had about $303.6 million in funds under management as at March end, the bulk of which was held in the Smaller Companies offering on behalf of retail investors. Institutional mandates only ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... and remain quoted on the ASX, given the lack of support for the fund's strategy in the listed channel." At the end of March, the active ETF units represented about $8.12 million or 7.3% of the fund's total funds under management. Separately, the ...

GQG completes acquisition of three boutiques

ELIZA BAVIN  |  MONDAY, 20 MAY 2024
... executive chair and executive director Rajiv Jain said. GQG announced the launch of GQG Private Capital Solutions back in March. At the time, it entered into an agreement with Pacific Current to acquire the boutiques for US$71.25 million. The new private ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... Trustees has been appointed as the responsible entity of the fund. Loomis Sayles manages $348.4 billion in assets as of March 31.

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... overturn the leadership. The cohort has a 10.65% take and acquired some 3.24 million shares from 26 February 2024 to 21 March 2024, most of which sit with Glennon Capital. The shareholders want to replace them with Sequoia head of professional services ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... delivered 34.5% net of fees in the 12 months to February and narrowing the NAV per unit trading discount by 4.2% (as at March 14), the RE will press on with the conversion to an open class unit. Magellan Asset Management has now engaged with regulators ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
... talks, the two super funds have set a date for the successor fund transfer. Active Super will merge into Vision Super on 1 March 2025, following the signing of a successor fund transfer deed. It was initially expected to close in the middle of this year. ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... $18.6 million over five years to support recipients through increased flexibility to work, study and volunteer. From 20 March 2025, the existing 25 hours per week participation limit will be changed to 100 hours over four weeks. It will also no longer ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... participation by all relevant industry stakeholders to ensure it takes into account all possible consequential impacts." On March 20, a Parliamentary Joint Committee on Corporations and Financial Services launched an inquiry into the entire wholesale ...
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