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Showing 1171 - 1180 of 19267 results for "Group"

Colonial First State loses private markets manager

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... after the exit of Jujhar Toki, who also held the role of senior investment manager, multi-assets. Toki joined CH Warman Group, the family office that invests in a diverse range of asset classes, including listed equities, hedge funds and private equity. ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
... Advisory. There are some similarities, however also some important differences. Firstly, there is no equivalent E&P Financial Group that walked away from this scandal, largely unscathed. The similarities are with respect to the exposure to SMSFs and ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... $372.8 million, UNPAT jumped nearly 33% to $90.6 million, and operating expenses improved marginally at $239 million. The group announced it has signed a binding agreement with SS&C to transform and simplify the Master Trust business. It reached an initial ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... born between 1981 and 1996, contributed 33.6% in the six months - a 5% surge - as Class chief executive Tim Steele said the group "grew at a faster rate than any other demographics". He also added that there is a "growth opportunity" for advice in the ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its medium-term priorities of transitioning the balance sheet and maximised the contribution from the funds business. ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Future Generation has appointed its first chief investment officer from Perpetual. The philanthropic investment group has appointed former Perpetual head of private wealth Lee Hopperton. Hopperton will advise Future Generation's Investment Committees ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... adjustments. In September 2016, the CSC and Infratil initially committed about $400 million each for a 48% shareholding in the group of data centres. The remaining 4% stake was held by CDC management. CDC provides data centres across Australia and New ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... Victorian renewable generation and storage portfolio for $950 million, which seeds its inaugural Energy Transition Platform. The group made $151.8 million in revenues in half-year 2025, which was more than threefold the amount earned in the prior corresponding ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... player saw a decline in their total custody assets - Apex Group's pool shrunk by 4% to $35.59 billion. That said, Apex Group has the most assets under administration (not held in custody) at $273.3 billion, up 17.3% since June 2024. When combined ...