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Showing 1 - 10 of 6573 results for "September"

GDG sales hit record as FUM grows 29%

VINNY VUCAGO  |  FRIDAY, 23 OCT 2026
... Generation Development Group (GDG) reported stronger funds under management (FUM) across its wealth business in the September quarter, led by record investment-bond sales at Generation Life despite more cautious investor and adviser activity. Group FUM ...

Magellan sheds name, enters new focus as Barrenjoey

KARREN VERGARA  |  FRIDAY, 23 OCT 2026
... reduction in investment earnings, but importantly, a meaningful reduction in risk and earnings volatility," he said. For the September quarter, the investment management unit's total assets declined by 8% to $38 billion, primarily due to higher bond ...

MA Financial locks down flagship private credit fund, shutters another

KARREN VERGARA  |  THURSDAY, 22 OCT 2026
... August. It will also wind up the MA Secured Real Estate Income Fund. The ASX-listed firm announced the decision in a September-quarter update, saying the move is a "prudent measure to assist in the orderly management of the fund in the coming months ...

Perpetual asset management outflows hit $9.6bn

VINNY VUCAGO  |  WEDNESDAY, 21 OCT 2026
Perpetual's asset management business recorded $9.6 billion in net outflows during the September quarter, weighing on funds under management as its Corporate Trust Division reached a record $1.4 trillion in funds under administration. Total assets under ...

Platinum awards mandate, changes fund name

MATTHEW WAI  |  TUESDAY, 20 OCT 2026
... Rocky Health Sciences Fund, which will be managed by East Rocky Asset Management, as previously announced by L1 Group in September. East Rocky Biotech Asset Management is a corporate authorised representative of L1 Capital, and will provide distribution ...

HUB24 platform inflows drop 23% to $4bn in Q1

RIDDHIMA TALWANI  |  TUESDAY, 20 OCT 2026
HUB24's platform net inflows fell 23% to $4 billion in the September quarter, down from $5.2 billion a year earlier. Flows have now held near the $4 billion mark for three consecutive quarters, after peaking at $5.6 billion in the December 2025 quarter. ...

Showcase: A technical advantage

THE FINANCIAL STANDARD TEAM  |  MONDAY, 19 OCT 2026
... Flexible choices can drive higher retirement balances. Modelling from the 2026 Intergenerational Report (IGR) released in September predicts that by 2065-66, the number of Australians aged 85 or older will triple to 1.9 million - a huge cohort that will ...

TAL launches takeover bid for Challenger

ELIZA BAVIN, VINNY VUCAGO  |  MONDAY, 19 OCT 2026
... and fixed-term annuities lifted. The retirement income provider's asset under management (AUM) increased 5% over the September quarter to $31.9 billion, while net annuity flows reached $1.1 billion, representing annuity book growth of 6.3%. Annuity sales ...

ASIC bans 14th adviser from MWL

MATTHEW WAI  |  MONDAY, 19 OCT 2026
... comply with best interest duty in relation to recommending the Shield Master Fund. Singh was authorised by MWL from 18 September 2023 to 23 December 2024, and was also an authorised representative of InterPrac Financial Planning from 13 January 2025 ...

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026
... make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders. Late September, Praemium brought forward its board leadership transition, with board member Matthew Quinn replacing chair Barry Lewin, who ...
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