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Showing 1371 - 1380 of 12582 results for "Company"

Bridgewater to restructure, pushes for global expansion

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
Bridgewater Associates has announced a restructuring plan that includes cutting 100 jobs as it seeks to expand globally and invest more in artificial intelligence (AI) technology. The job cuts will affect approximately 7.7% of Bridgewater's workforce ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... appointed as an external advisor to the ART investment committee. Debelle also serves as a director at global green energy company Fortescue Future Industries and previously chaired the climate change working group of the Australian Council of Financial ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
A specialised listed investment company is looking for a new fund manager as it overhauls its investment mandate. Hygrovest (HGV), a listed investment company that largely invests in Australian and global cannabis-related businesses, wants to diversify ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
Praemium recorded a 52% uplift in EBITDA, with chief executive Anthony Wamsteker saying it's reflective of strategic decisions paying off. Praemium reported a statutory net profit after tax of $9.1 million and a record EBITDA of $11.4 million - ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... determination following a complaint from a Think Money client. Childs played a "significant role in the disposal of the company's trail book of commissions prior to Think Money entering liquidation", ASIC said. As a result, Think Money creditors suffered ...

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
... results. It said much of the result was due to increased scale of the business - something it's looking to add more of. "The company continues to actively explore consolidation opportunities in what is a fragmented industry, but one which continues to ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... about 20. The Insignia board declared a total dividend of 10.5c a share, franked at 50% and payable on April 3. As for the company's outlook, Mota said: "We have begun the second half of the financial year with strong progress and positive momentum across ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... pleaded guilty to one count of breaching anti-hawking laws. It was alleged that between August 2019 and June 2020 the company made unsolicited calls to consumers to encourage them to move their super into a different product, charging an initial fee ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... only offering personal loans to consumers who agreed to also receive and act on financial advice provided by the same company. Typically the advice including changing superannuation fund, advice for which Financial Circle received significant fees paid ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... $3 million in 1H22. This growth was driven by the acquisition of Class which contributed $31.4 million of revenue. The company expects the growth momentum to continue, reaffirming the platform FUA target of $80-89 billion for FY24. HUB24 chief executive ...