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Showing 1261 - 1270 of 6679 results for "Sale"

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... loan impairments and higher expenses for the result. About two thirds of the NPAT relates to a one-off gain relating to the sale of CFS Global Asset Management business last year, he said. "If you look at our cash net-profit after tax, which is more ...

AMP Capital to bring cars to shopping centre

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
AMP Capital has secured a lease with a national automotive dealership to establish an AutoMall in a Queensland shopping centre. On behalf of investors in the Indooroopilly Shopping Centre in Brisbane's inner-west, AMP Capital said the deal with Eagers ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The managed accounts platform has recorded a 113% increase in net profit after tax from the first half of 2020 to $3 million, following the acquisition of Powerwrap. In its half-year results, Praemium reported a 69% jump in funds under administration ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
The investment manager recorded a marginal increase in statutory net profit after tax (NPAT) to $222.8 million, up $2.4 million on the previous corresponding period in its half-year results. On a normalised basis, NPAT dropped by 29% to $136.8 million ...

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... worth of PNI shares yesterday, as the stock headed towards an all-time high after a strong first half result. Macoun's sale of PNI shares constituted 4.8% of the total stock on issue. The nine-million share parcel was sold at $9.25 per share in an ...

Dealer group bolsters leadership

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
One of Australia's largest privately owned financial advice dealer groups has made two key hires. Kevin Mayne and Lisa Ng are both joining Lifespan Financial Planning as national practice development managers. Mayne joins Lifespan after five years as ...

Janus Henderson loses capital investment

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... shares valued at US$29.25 per share. Janus Henderson is not offering any shares, nor will it receive any proceeds from the sale but intends to repurchase up to US$230 million of the stock. Despite the sale, both parties have entered into a new strategic ...

Fund manager expands, hires two executives

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
A boutique fund manager is ramping up its expansion strategy with two executive hires who will lead distribution and asset management efforts respectively. Holon Global Investments has appointed Rory Scott as head of asset management and Peter Titley ...

AMP Capital names new executive

ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
AMP Capital has named a new head of distribution, retail and advisory, promoting from within. Steve Mazzarelli has taken on the position, having worked with AMP Capital for over 14 years. Mazzarelli joined AMP Capital in 2006, departing his position ...

Chant West hires distribution head

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
Chant West has appointed a former ANZ and BT Financial Group executive to expand its institutional sales footprint. Don Sillar has been named the new head of institutional sales, the research house announced. He replaces Geoff Peck, who previously led ...