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Showing 91 - 100 of 561 results for "Year End"

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... it concluded. EQT further announced its net profit after tax is up 12.5% on the prior year to $24 million. For June 30 year end, it said funds under management, administration and supervision saw a 3.3% increase to $148.9 billion, revenue grew 10.4% ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
ASIC has prosecuted 10 companies for failing to comply with obligations to lodge financial reports. The regulator announced its sizeable list on Friday and said the prosecutions took place between January 2022 and June 2022. ASIC acted against the Blackgold ...

Russell Investments chief executive announces departure

CASSANDRA BALDINI  |  FRIDAY, 5 AUG 2022
Russell Investments chair and chief executive Michelle Seitz plans to step down by year end. Seitz held the role for five years and will work with Russell's' board and leadership team to transition smoothly. The company said it's hired a recruitment ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Diverger managing director Nathan Jacobsen said improving scale and pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 ...

Australian Catholic Super, UniSuper sign SFT deed

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... The funds said preparation for the transition is already underway, with the whole process expected to be finalised by year end. "We're really pleased to progress the agreement with ACS. Our aligned values and member-first focus will help to ensure a ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
APRA's latest quarterly superannuation performance statistics show the industry's total assets increased almost 10% over the past year. Super assets totalled $3.4 trillion at the end of March 2022, a 9.7% increase from the year prior. The total assets ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

Hostplus tops super ranks to March

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
With an 11.7% return for the year ending March 31, Hostplus' Balanced option ranked first in Rainmaker's latest super performance tables. This same Hostplus option ranks fifth over three years to March 31. Coming in second was Christian Super - My Ethical ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... said. "This is some departure from the three hikes expected back in December and would push the Fed Funds rate to 2.0% by year end. Moreover, a further four hikes in 2023 could see the Fed Funds rate rise to a level above the Fed's long run view of where ...

IOOF reveals first results as Insignia

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
IOOF, now known as Insignia Financial, has delivered a firm first half result. The company reported underlying net profit after tax up 79% on the previous corresponding period, a gross margin of $778.4 million up 122% including a six-month contribution ...