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Showing 1421 - 1430 of 7226 results for "Record"

HUB24 continues growth trajectory

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... functions to develop broader growth strategies. HUB24 did not reveal who has been appointed to the position. "We've delivered record net inflows and strong financial results including an increase of 80% in group underlying EBITDA, whilst continuing to ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... adding more than 80 staff members. Funds under administration (FUA) grew by 46% to $56.7 billion The platform also enjoyed record inflows of $7.6 billion, a 71% increase. Netwealth boosted its interim fully franked dividend to 10 cents per share, up ...

PwC appoints insurance leader

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... to help our clients and the broader industry adapt to the changing landscape. Gunson added that Matika "has a fine track record of large engagement delivery for financial services clients throughout Asia, Australia and the US. "As the new Insurance Leader ...

WealthO2, ROAR and NEO merge

ELIZABETH MCARTHUR  |  THURSDAY, 17 FEB 2022
... solutions. "We are thrilled to join the WealthO2 Group with NEO. Both are highly complementary businesses with a strong track record of innovation," Liao said. "Advisers are crying out for solutions more than product options, and I think this an exciting ...

Challenger delivers strong result

ELIZABETH MCARTHUR  |  THURSDAY, 17 FEB 2022
... strategy," he said. "Expanding our customer reach, broadening our distribution channels and product innovation helped deliver record Life sales of $4.9 billion and funds management net flows of $0.9 billion. "More broadly, the life business delivered ...

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... asset service providers in Australia today released industry data showing assets under custody increased by 5.8%to a new record of $4.7 trillion in the six months to 31 December 2021. J.P. Morgan remains Australia's largest custodian with more than ...

Zerocap unveils new bitcoin fund

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... investors, diversification and non-correlation to other asset classes, a hedge against inflation, and Bitcoin's long-term record of value appreciation. "We want to deliver better, safer vehicles for digital asset investing," he said. "The number one ...

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Despite reporting record growth in revenue and funds under administration, Praemium failed to make a profit in the half-year to December. The platform's revenue increased by 25% to $39.2 million, while total FUA increased by 43% to $49 billion. ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
... Meanwhile, about $1.5 billion was seen in net flows and the ASX ETF trading value hit the second highest monthly level on record at $10.3 billion, an increase of 26%. "As the industry has matured, we have increasingly seen very strong trading values ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
While AMP's financial advice and wealth management units show signs of recovery, the group ultimately reported a massive $252 million statutory loss in its full-year financial performance. Underlying net profit after tax, however, was up 53% to ...