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Showing 1071 - 1080 of 5658 results for "EARN"

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
Magellan Financial Group's shares could be more volatile in the years ahead versus its 31% earnings in CAGR over the past three years as it diversifies its business, according to Morgan Stanley. Magellan Financial Group in September 2020 took a 40% ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Platform inflows are returning to normal as the impact of government's early release of superannuation starts to wear off, according to Credit Suisse. In the September quarter, platforms reported $1.9 billion in outflows. However, if you exclude $3.9 ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
BlackRock's end-to-end operating system Aladdin is continuing along its trajectory of world domination, but COVID-19 has provided a blip in revenue growth. BlackRock chief executive Larry Fink has said he wants to see technology revenue make up a third ...

Bad year for super funds

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Three in four superannuation funds reported negative net earnings last year, after accounting for all expenses and income. About 109 superannuation funds had a negative year, while only 33 had a positive year, according to APRA's fund-level data for ...

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Bell Financial Group this morning said its net profit after tax for 2020 increased 44% to $46.7 million for the year ending December. The unaudited results precede the results announcement coming in February. Revenue increased 18% to $299 million. Earnings ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
The SMSF Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
For the second time in a year, the $52 billion superannuation fund is increasing the total cost of its standard group insurance cover for members. HESTA's standard insurance cover -- which eligible members automatically receive upon signing up unless ...

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... asset class matched or beat the index. "A super fund's active investment management strategy should be purpose-built to earn back the fees and tax margins. If not, super funds should use indexed strategies," Dunnin said. The International shares ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Over the next 15 years the Australian superannuation industry will evolve into a sophisticated and mature industry, according to Rice Warner's Superannuation Market Projections report. The new report takes a very positive view of the Australian super ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
Charter Hall announced it has purchased the David Jones flagship store in Sydney for $510 million. The Sydney CBD property comprises 12 levels on a strategic 3530sqm prime CBD retail site, prominently located overlooking Hyde Park with views to Sydney ...