Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 22833 results for "management"

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
With assets and profits down 30% in the year, Platinum Asset Management's hopes of recovery are pinned on the L1 Capital deal and subsequent rebranding to L1 Group. Releasing its final annual results yesterday evening, Platinum Asset Management confirmed ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... Perpetual took a slight hit in underlying profit after tax - down 1% to $204.1 million - flagging outflows in the asset management business and a softer performance in wealth management due to "uncertainty" surrounding its ownership. Despite the uncertainty ...

Count sees $5.1m cost synergies from Diverger integration

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... 67% to $27.7 million, statutory EBITDA was up 144% to $24.9 million and NPAT was up 89% to $10.9 million. Funds under management rose 24% to $3.9 billion and funds under advice saw an increase of 10% to $37.8 billion. In addition, Count delivered $5.1 ...

Perennial Partners takes stake in boutique fund manager

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Perennial Partners has acquired a 50% stake in Ziller Funds Management, aiming to further develop its flagship Ziller Global Fund, which achieved a 64.1% return in the 12 months to July. The Ziller Global Fund was established in November 2022 and invests ...

Aware Super invests in $1bn venture

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... cements Aware as a key UK infrastructure investor. Eelpower Energy will concentrate on battery storage delivery, asset management, and optimisation and has identified a portfolio of seed assets which will immediately enter construction, alongside a pipeline ...

Australian Ethical FUM approaches $14bn

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Australian Ethical has revealed its results for the financial year to June 30, with funds under management (FUM) soaring to nearly $14 billion. FUM surged by 34%, or $3.5 billion, to $13.94 billion in FY25, which was a result of positive net flows ...

Montgomery to distribute digital assets fund

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
Montgomery Investment Management is partnering with Digital Asset Funds Management (DAFM) to distribute the latter's fund to wholesale investors. DAFM is a Sydney-based investment boutique and runs the Digital Income Fund. The strategy offers two investment ...

Revolution private credit trust to launch on ASX

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
Revolution Asset Management is set to launch a private credit product on the ASX and is targeting a $400 million raise. Revolution Private Credit Income Trust, under ticker coder REV, will debut on September 22. Already, Revolution co-founder and chief ...

Invesco sells intelliflo to Carlyle Group

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... will spin off intelliflo's US-based subsidiaries as a standalone business called RedBlack, to be run by a separate management team. intelliflo will then focus on the UK and Australian markets, while RedBlack will concentrate solely on the financial ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... over the past four years. Net profit before tax (NPBT) was lifted by 30% to $7.3 million, reflecting "disciplined cost management, strategic acquisition and sustained organic growth." EBITDA also increased by 16% to $10.6 million. The company declared ...