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Showing 1141 - 1150 of 19269 results for "Group"

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... than three times the fee base. However, clients with fees less than $3000 a year are driving average multiples down, the group said. This is because low-fee clients can often command the same amount of work as those paying higher fees, meaning reduced ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
... 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. Meanwhile, its group UNPAT was $12.5 million, a 28% decrease on the prior corresponding period. The claims experience, ClearView said, includes a ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA Standard Pty Ltd. SMARS ultimately applies RG 97 Disclosing fees and costs in PDSs ...

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... artificial intelligence and automation to dramatically reduce costs for our clients." Osmosis chief executive Ben Dear said the group has a long-held ambition to develop cross asset sustainability-oriented investment products. " Through this exciting ...

GDG sees profits soar $74m

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
Generation Development Group (GDG) saw net profit after tax jump to $78.9 million in the half year to December 31, up from $4.4 million in the prior corresponding period. The massive jump in profit comes after GDG completed its acquisition of Lonsec ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... role. Late last year, Colonial First State investment manager Jujhar Toki joined the family office investment firm CH Warman Group. Further, around the same time, the local arm of the US-based Asena Family Office hired the high-profile John Likos as ...

Boutique appoints distribution lead

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... Innova Asset Management, the managed portfolios provider, before that in the same role. He earlier worked at BT Financial Group, most recently as a superannuation and investments manager. Following Dixon's departure, Wilson stepped into the role ...

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... retirement, Shane Hancock. Her exit from Aware Super has triggered a review of her position, according to Steve Travis, group executive of member growth. Accordingly, the superannuation fund is currently advertising for a head of retirement strategy ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... pulled it off. Frontier Advisors senior consultant Brad Purkis noted this year's benchmark performance was driven by a small group of stocks - chiefly the 'Magnificent Seven' - making life tough for active managers in global equities. As an example ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
... director of Venture Egg Financial Services and United Financial Advice, which trade as Venture Egg and Financial Services Group Australia. Merhi was one of the financial advisers that recommended his clients invest in the Shield Master Fund. In December ...