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Showing 1361 - 1370 of 7007 results for "platform"

ASIC cracks down on former adviser, comedian

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... victim of a scam himself during this time. In 2019 Valvo told A Current Affair how he lost $50,000 through a fake trading platform. According to his interview with A Current Affair, some of his loved ones also lost money, including his wife and best ...

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
SuitabilityHub, a new fintech that allows financial advisers to compare platform providers' features and takes the focus off fees, has launched to financial advisers. SuitabilityHub is a one-stop shop that drills down on platform providers' ...

Qualitas scores another $700m from ADIA

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... at this scale from a long-term strategic investor such as ADIA is a strong endorsement of Qualitas' funds management platform and growth potential. "We have demonstrated rapid and consistent growth since our IPO in December 2021 growing FUM by 80% despite ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... strategy executed for 18 years since its IPO in 2005 - a capital light, partnership model where the fully integrated platform can identity and exploit opportunities and trends before they become mainstream. "As one of the largest owners of real estate ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... offload the MFA business to SS&C Technologies for $52 million. Proceeds from the sale will be used to pay down debt, with platform divestment a key part of Iress' refreshed strategy, originally announced in April, allowing it to focus on core business. ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... weaker market conditions during the year, however, it continues to invest in growth opportunities, including its FCX platform, a secure DLT-based platform for investors and private companies." Despite the poor results, Magellan chief executive and managing ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... the future," Leibowitz added. According to Investment Trends' H1 2023 report, Stake is now the third largest investment platform in Australia with more than $2.5 billion in assets under administration. Howie said Stake has been a pioneer in making the ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... "This work will be research and member-led - rather than trying to fit a member service offer into an existing technology platform. Technology must be shaped by what fund members need, and how they want to interact - not the other way around. "This will ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... reduction of $3.1 billion from FY22. The company attributed this decrease to high-net-worth clients redirecting funds to off-platform investments, notably term deposits. Throughout the year, Netwealth secured "new and important licensee and adviser relationships," ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... tangible asset (NTA) backing per security during the year to $10.88 at 30 June 2023. Dexus further added the AMP Capital platform acquisition impacted NTA per security by 26 cents as a result of transaction costs incurred and management rights and goodwill ...