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Showing 1251 - 1260 of 4897 results for "Alex"

Australian Ethical sees 34pct member surge

ALEX BURKE  |  THURSDAY, 31 AUG 2017
Australian Ethical enjoyed a 34% boost in superannuation members in the 2017 financial year, pushing group funds under management to $2.15 billion. Reporting a 3% decrease in net profit to $2.9 million, the super fund and investment manager said headline ...

HHV reports $22m loss after rough year

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
The recently-restructured Hunter Hall Global Value listed investment company reported a net loss of $22 million for the 2017 financial year, but chair David Groves says its new investment strategy has no relevance to past performance. After tax, net ...

Robo-adviser scores investment banking partnership

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
A provider of digital advice has secured a partnership to roll out its flagship service to an Australian investment bank. Ignition Wealth will now provide digital advice to clients of APP Securities, the brokerage and investment banking firm formed ...

Fitzpatricks secures capital backing for growth

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
... to enhance the firm, including building on both its position and its existing 75-strong adviser network. Quadrant partner Alex Eady said: "We are thoroughly impressed with the calibre of both the advisers and the leadership, and we look forward to supporting ...

Morgan Stanley appoints Australia research head

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Morgan Stanley has appointed a new head of research for Australia. Richard Wiles takes on the role having previously been a banks and financial institutions group analyst. He replaces Lou Pirenc, who is relocating to New York to take on the position ...

Pinnacle highlights increased retail presence

ALEX BURKE  |  TUESDAY, 29 AUG 2017
In the group's annual report, Pinnacle Investment Management managing director Ian Macoun noted significant growth in funds under management from retail investors. In the 12 months to June 30, Pinnacle boosted its overall FUM by 34% to $26.5 billion. ...

Prime establishes new business division

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Recently hitting $1 billion in funds under management, wealth and accounting firm Prime Financial Group has established a capital division to provide corporate advisory, transaction, restructuring and capital raising services. Prime said the new division ...

Revenue boost pushes OneVue into profit

ALEX BURKE  |  MONDAY, 28 AUG 2017
A strong upswing in operating revenues following the Diversa acquisition and partnership with a major Australian custodian has seen OneVue move into profit after reporting a $4 million loss last year. The group's $200,000 net profit after tax was driven ...

Insto exodus fuelling HUB24 growth

ALEX BURKE  |  MONDAY, 28 AUG 2017
The number of advisers choosing to become self-licensed or moving away from institutionally-aligned dealer groups has fuelled HUB24's growth over the 2017 financial year, contributing to the company's first full-year profit. HUB24 revealed a $3.9 million ...

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
The Federal Government is seeking public consultation on the long-awaited legislation for the Asia Region Funds Passport and Corporate Collective Investment Vehicle (CCIV) regime. The exposure draft legislation for the Asia Region Funds Passport explains ...