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Showing 1 - 10 of 33 results for "October of"

Wollongong adviser wins Gwen Fletcher Memorial Award

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... for the first semester of 2024. Purnell has been with SWA since February 2017 and appointed a financial adviser in October of 2019. He holds a Master of Professional Accounting from the University of Wollongong and a Diploma of Financial Planning. "I ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... fund's responsible entity, Magellan Asset Management has advanced the conversion process since it was flagged in October of last year, in a bid to address MGF trading at discount to its net asset value (NAV) per unit. Despite MGF being a closed class ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... have been attributed to the rise following the halving of the fuel excise tax in April 2022, originally unwound in October of the same year. "CPI inflation is often impacted by items with volatile price change such as automotive fuel, fruit and vegetables ...

Cushman & Wakefield adds to local leadership

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
... across all facets of property and funds management at J.P. Morgan, Charter Hall and EY. Bennett joined the firm in October of last year as a managing director and head of capital markets in South Australia. He takes over from Simon Fenn, who will move ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... response, Dortkamp lodged an application with the AAT for a review of ASIC's decision, and a hearing took place in early October of last year. Deputy president BW Rayment OAM QC concluded that, based on the evidence at the AAT hearing, he was not satisfied ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... and investors rushing to withdraw their money when this was discovered. Link made the decision to wind up the fund in October of that year. Class actions ensued and Link Fund Solutions is a defendant in several. The FCA said its current view is that ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... social and business activity. The composite PMI dropped back into contraction territory -- to a reading of 49.4 in October of 2020 from 50.4 in September. While slightly better than market expectations for a 49.3 print, the latest reading underscore ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... the end of each financial year and will be required to inform members that a MySuper product is underperforming by October of the same year. "We're talking about underperformance over eight years. It's not about funds having a bad quarter or one bad ...

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... September and October - plus the "first phase deal" between the US and China - turned the yield curve positive around October of that year and continued to steepen. So much so that by the Fed's December 2019 FOMC meeting, Chairman Jerome Powell was ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
... originally announced in October 2017 but was delayed on the back of the Royal Commission. The sale finally went through in October of this year, with IOOF purchasing the business at a discount. IOOF paid $850 million, down from the original sale price ...
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