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Showing 61 - 70 of 8340 results for "ASX"

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... 24% increase in funds under management (FUM) from the previous year, reaching nearly $3 billion as of December 2023. In an ASX announcement, GDG also reported FUM growth of $232 million between September and December 2023, alongside a 37% rise in gross ...

Bond ETFs poised for growth in 2024: Vanguard

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
... investors in 2023, as rising interest rates made fixed income allocations more appealing, according to data released by the ASX and Vanguard. Australian bond ETFs received $3.81 billion in cash flows in 2023, a 37% improvement year on year. Global bond ...

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... portfolio with SEC, is not currently exchange-quoted but is expected to pursue listing on the Australian Securities Exchange (ASX). The board's decision comes amidst shareholder feedback expressing frustration over the persistent NTA discount, despite ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... Macquarie Income Opportunities Active ETF (MQIO), and the Macquarie Walter Scott Global Equity Active ETF (MQWS) - listed on the ASX in November.

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... lost $334 million in funds under administration (FUA) after a small number of financial advisers switched advice groups. The ASX-listed firm said the exit of advisers in the last quarter of 2023 had an "abnormally large impact" on its performance. It ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... The advice sector was marked by several mergers and acquisitions during 2023. Insignia Financial handed over Millennium3 to ASX-listed WT Financial Group (WTL) with a total of 75 practices transitioning. WTL acquired Synchron in 2022 and now has about ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... long-term returns for security holders," he said in announcing the FY23 results. In its most recent quarterly rebalance, the S&P/ASX 200 Index booted out Cromwell together with Link Group. Last week, ASX-listed real estate fund manager announced a substantial ...

Saxo lowers trading costs

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... Saxo Australia chief executive Adam Smith said brokerage fees have been reduced by up to 87% for US markets and 62% for the ASX-listed trades. Customers will also see lower fees for ETFs, ETPs, listed options and futures by as much as 70%. "By making ...

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... of well positioned, affordable office accommodation, which continues to attract high-quality tenants, including government, ASX-listed and multinational corporations." "The geographically diversified portfolio provides a staggered lease expiry profile ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... detractors, such as a write down of OpenInvest, could dampen its half-year results. In a 2024 half-year reporting update, the ASX-listed firm said it is owed about $12.3 million of the total performance fees earned by nine out of its 15 affiliates. Compared ...