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Showing 121 - 130 of 3432 results for "Line"

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... re-investment of $156 million. Looking ahead, Platinum expects the 2023 financial year profit after tax to be broadly in line with consensus estimates, which range from $77 million to $82 million. However, it flagged predictions of lower performance ...

BlackRock drops more ETF fees

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... benefit all market participants and serve as a catalyst to drive further, long-term growth in the Australian ETP market, in line with other developed markets globally," she said.

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... supply and demand dynamics in the property sector. In light of those challenges, we proactively sought updated valuations in line with our valuation policy. The outcomes are aligned with our expectations, with the office sector specifically experiencing ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... like-for-like basis have declined. One asset manager participant said audit, tax preparation, and custodian fees seem to be rising in line with inflation. Another said the only area where costs have reduced is in equity brokerage thanks to automation. ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
After serving as chief executive of the Responsible Investment Association Australasia (RIAA) for more than 10 years, Simon O'Connor is leaving at the end of this year. O'Connor took the position in February 2013, leaving environmental non-profit ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... international funds will continue to be serviced by Citibank, the SGH Australian equity funds will be serviced by Apex Group in line with other SG Hiscock managed funds. MSC group managing director Matthew Fletcher said the successful appointment reflects ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... should be expanded to also acknowledge and account for the benefit entities receive from ASIC's regulatory activities. In line with this, the Review finds that the costs recovered through the IFM (including enforcement costs) remains appropriate ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... provided that the trustee does not make an offer, request or invitation to the member." Asher points out that there is a fine line between informing a member about drawdown products offered by the fund and actually "offering" the product. "It is hardly ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... deals and developments. Australian Unity assistant fund manager, healthcare property Nicole Plant said the acquisition is in line with the trust's investment strategy to deliver critical healthcare infrastructure to meet the needs of rapidly growing ...

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... cost of financial advice by 9-11%, they said. "We recognise that the Safe Harbour Steps helps guide appropriate advice in line with the best interest duty," Pham said. "However, advisers that truly show their value, deliver great service and advice ...