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Showing 1 - 10 of 3645 results for "November"

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
According to the VanEck ETF Industry Pulse for November 2024, the Australian ETF industry reached a record $243 billion in funds under management, bringing it closer to $250 billion. This represents a 4.5% increase from October and a 42.5% rise from ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...

Former abrdn MD takes on chief executive role

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... role, effective 19 February 2025. Rayson has been chief executive since the company was founded and listed on the ASX in November 2018. Hearts and Minds said he was instrumental in the creation of the fund as a listed investment company. Upon announcing ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... underpinned by SS&C's registry business Bluedoor. The announcement follows Insignia officially severing ties with NAB in November, which meant ceasing the use of the bank's systems and technologies. Simplifying the master trust business was the ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... have confirmed those discussions have now ended. It comes after Platinum recorded close to $1 billion in outflows during November; a $537 million institutional mandate was lost, and the Platinum Trust Funds saw outflows of $239 million. It now has $10.9 ...

Adviser exam pass rate improves

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... attempted the latest exam sitting, close to 80% passed. The most recent sitting of the Financial Advisers Exam took place on November 6, with 225 out of 289 candidates passing. It represents a pass rate of 77% and is a significant improvement from its ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... in the amount members would have received in interest on their savings. It was due to go to a four-week hearing in mid-November, but the matter has now been settled for $64.25 million, inclusive of legal fees. The amount is still subject to court approval ...

Former abrdn MD takes on chief executive role

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... role, effective 19 February 2025. Rayson has been chief executive since the company was founded and listed on the ASX in November 2018. Hearts and Minds said he was instrumental in the creation of the fund as a listed investment company. Upon announcing ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... earnings accretive from day one," he said. AET was acquired from SFG Australia, a wholly owned subsidiary of Insignia in November 2022, and funded through a combination of debt and equity. At the time of the acquisition, Equity Trustees announced its ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... Sycamore said the soft GDP read reflects the RBA's restrictive policy settings. "The RBA's latest forecasts from the November Statement of Monetary Policy suggest an expectation that growth will pick up to 1.5% by December 2024 before climbing to ...
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