Fiducian posts strong result, share price jumpsBY ANDREW MCKEAN | THURSDAY, 15 AUG 2024 12:47PMFiducian Group has reported that its underlying net profit after tax (NPAT) has risen 17% to $17.7 million in FY24, while its statutory net profit after tax increased 22% to $15 million. Related News |
Editor's Choice
Former industry fund chief in new role
Prime Value Asset Management has named former Prime Super chief executive Lachlan Baird as its new finance chief.
ECB cuts rates for second time
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year.
Future Fund restructures investment leadership
The Future Fund says it is restructuring its investment team to meet the shifting dynamics of the current environment.
Managers struggle to secure positive net flows in FY24
A minority of investment managers have had positive net flows over the past year, according to Rainmaker Information.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
The embedded value of digital vaults
Those of us working within the financial services industry are only too aware how important it is to safeguard sensitive information against data breaches ...
NALE: There's still work to be done
Recent legislative amendments have reduced the tax penalty for some expense shortfalls but not all.
Super funds need to get better as they get bigger
While rapid growth sounds like a good problem to have, many superannuation funds are wrestling with it.
Navigating the stage three tax cuts with certainty
This year, the first of July marked more than just the start of the new financial year; it was also the beginning of the government's stage three tax ...
Featured Profile
Daniel Farmer
CHIEF INVESTMENT OFFICER
MLC ASSET MANAGEMENT PTY LIMITED
MLC ASSET MANAGEMENT PTY LIMITED
Dan Farmer has been chief investment officer of MLC Asset Management for a little over two years now, and after spending 17 years at TelstraSuper and 12 years with IOOF, it's safe to say he's in it for the long haul. Eliza Bavin writes.
Download the app Premium subscribers can access even more content from Financial Standard. |  |
