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Showing 1131 - 1140 of 6747 results for "Profit"

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... clients who Pendal says rebalanced their portfolios. Two well-performing strategies saw $300 million in outflows following profit-taking. Pendal Australia's net outflows for the period were $200 million. This included $400 million from Australian ...

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 ...

Lack of diversity major business risk: SSGA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
Racial and ethnic inequity is a systemic risk that "threatens lives, companies, communities, and our economy", according to one of the largest global fund managers. State Street Global Advisors (SSGA) president and chief executive Cyrus Taraporevala ...

Platinum's lead PM for Asia fund departs

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... For FY20, Platinum Asset Management reported total revenue was $298.7 million (0.2% lower than previous year) while net profit attributable to members was $155.6 million (1.3% lower).

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... not pay off as markets unexpectedly rallied, the annual report showed. CVF made a $7.4 million net loss after making a profit of $466,000 in FY19. It returned 6%, slightly beating the benchmark's 7.7% net of fees. It paid a fully franked yield of ...

WTW appoints Australia segment head

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... acquisitions broker in Australia, New Zealand, and South Africa. WTW is the third-largest asset consultant by assets in not-for-profit superannuation funds as at 30 June 2020, according to Rainmaker.

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... combined member base 120,000 and total assets of $20 billion. Upon completion, the merged entity will become the third-largest profit-for-members fund in Queensland. Sunsuper manages about $70 billion while QSuper has about $117 billion. Energy Super ...

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... never been told that I am not a beneficiary of the relevant trusts." She is seeking access to tax returns, trust deeds, profit and loss statements, balance sheets, bank statements and evidence of loans, investments and superannuation entitlements as ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
About 5000 charities will see easier financial reporting requirements from mid-2021, as the Federal Treasury amends the rules. The Council on Federal Financial Relations (CFFR) has agreed to develop a framework by mid-2021 to lift the reporting threshold ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
ASIC has commenced civil penalty proceedings against brokerage firm Union Standard International Group and its affiliates. The corporate regulator has taken action against the Sydney-based retail over-the-counter derivatives issuer and its former corporate ...