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Showing 101 - 110 of 302 results for "Cashflow"

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... all our assessable earnings will be taxed at the company tax rate. Whilst this will reduce out after-tax earnings and cashflow, because we will be paying more tax, it will also increase the franking credits available to shareholders, and so the level ...

SEEK raising $260m for new fund

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
The ASX-listed jobs listing business will raise $260 million from external investors for a new fund that invests in employment-related businesses. The SEEK Growth Fund is a pooled unit trust formed after SEEK's strategic review of its Asia Pacific and ...

Spaceship hits $1bn in total assets

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year. Its total assets more than doubled from $415 million in July last year to $1 billion now, while total customer base ...

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
Two months out from his last day at UniSuper, chief executive Kevin O'Sullivan talks to Financial Standard about his eight years at the fund, going public offer and staying away from mergers. O'Sullivan arrived at UniSuper in 2013, after a career ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... testament to the people and structures that we have put in place over the last five years," Fok said. "We managed our cashflow exceedingly well during the initial Covid-19 volatility which meant that we could invest for our members on the upswing." In ...

State Super rejigs defensives

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
... with types of returns [it used to]. Unlike other funds we need to have liquidity, [we have a] very significant negative cashflow." Livanas said the fund did not want to classify the two investments as "cash type" products. State Super chief investment ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... disruptions and that their liquidity frameworks were generally adequate. While there was a significant drop in net investor cashflow in the first half of 2020, ASIC reported that responsible entities of these funds did not tighten members' ability to ...

Advisers laud Xplan software

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... replacement mindset towards a more client-centric view, focused on client discovery, strategic goal-based advice and cashflow modelling. "The regulator's expectations that the 'client voice' be explicitly present in advice documents has prompted ...

Perpetual's Garry Laurence starts boutique

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... company trading at a discount, and NASDAQ, which he sees as a "high quality compounding business" with a strong free cashflow. Laurence said the boutique doesn't have a distribution partner and is wholly owned by him and a few others. He is not joined ...

Pahari's pay packet revealed

ELIZA BAVIN  |  THURSDAY, 11 MAR 2021
AMP has reported the extent of the remuneration awarded to former AMP Capital boss Boe Pahari in the 53 days he led the business. As outlined in AMP's annual report, Pahari was paid $376,000 in cash payments. While he was not entitled to a short-term ...