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Showing 1091 - 1100 of 2130 results for "Financial Year"

LIC helped by high gold and cash exposure

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Listed investment company Hunter Hall Global Value delivered an investment portfolio return of 12.3% last financial year, outperforming MSCI World by 11.9%. The LIC also produced an after tax profit of $30.5 million. Hunter Hall Global Value chairman ...

ClearView earnings reflect business growth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2016
... earnings to $2.7 million, with funds under management (FUM) rising 12% since the segments inception in the 2015 financial year. ClearView's financial advice division failed to contribute to profits, showing revenue fell 66% year on year to $1.5 million. ...

Industry funds extend winning streak

MARK SMITH  |  WEDNESDAY, 24 AUG 2016
... annum over the last 10 years while the latter has returned 1.73%. The differential in performance in the 2015/16 financial year can be largely attributed to the outperformance of infrastructure compared to other asset classes. Industry funds have an ...

Healthcare property produces double digit returns

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
... is ripe for potential acquisitions as well as developing new and existing assets. Returning more than 20% last financial year, Australian Unity believes the trust is well placed to capitalise on an industry expecting continued double-digit growth in ...

QV Equities posts solid year

DARREN SNYDER  |  THURSDAY, 18 AUG 2016
QV Equities' cautious approach last financial year saw the listed investment company post a portfolio return of 8.2% before tax, and a company after tax profit of $5.72 million. Managed by Investors Mutual, the LIC reduced its cash position by 10% during ...

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
... end of February 2016. ASIC also found Marigold Falconer had not lodged audited financial statements for the 2015 financial year, which were required to have been lodged the previous October. Under its licence Marigold Falconer was authorised to provide ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
Life insurers recorded a net profit after tax of $2.9 billion last financial year, up 5.7% on the previous 12 months and despite a 36.1% drop in total revenue. Releasing its quarterly life insurance performance statistics yesterday, the Australian Prudential ...

Class ups its SMSF stake

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
ASX-listed SMSF administration software provider Class recorded 45% revenue growth during the 2016 financial year, increasing its estimated share of the SMSF market to about 19.2%. Class' net profit after tax was $5.2 million, up 53%. This would have ...

Fiducian reports 22% profit boost

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2016
Fiducian Group has announced a 22 per cent increase in its underlying net profit after tax for the 2016 financial year, totaling $7 million. Despite a year of uncertainty, the wealth management firm also announced a 16% increase in funds under management ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
Magellan Financial Group has seen its net after tax profit increase 14% to $198.4 million in the last financial year. Funds under management rose 11% to total $40.5 billion at 30 June with 83% of assets in global equities and 17% in infrastructure equities. ...