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Showing 1461 - 1470 of 8243 results for "June"

VGI Partners global LIC posts 25.6% returns

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
... the period, as the platform's business suffered from unwinding of COVID related usage uptick. VG1 initiated the position in June 2020 and wants to opportunistically add to the position, as it sees Pinterest in early stages of monetisation and the usage ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
... dividend for FY21 to 5.6 cents per share fully franked. Net tangible assets after tax per share were recorded at $1.299 at June 30. "The board is delighted with the strong results the company has delivered in FY21, including a record profit, solid portfolio ...

Best fixed interest funds revealed

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... impacted the capital value of their bond holdings," Rainmaker observed in its wholesale managed funds report for the period to June 30. "For example, Australian fixed interest products on average went backwards 0.5% through the period. International ...

Super unit boosts Equity Trustees performance

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... firm's funds under management, administration and supervision (FUMAS) jumped 43% to $144 billon, its full-year results to June 2021 show. Total FUMAS was also boosted by the corporate trustees and securitisation unit, which had eight new fund manager ...

Pinnacle hires from Schroders

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... profit after tax to $67 million in FY21, after strong inflows and good performance. Its boutique partners' total FUM at June end was $89.4 billion, up 52% from FY20. The FUM has grown at a compounded annual growth rate of 24.1% over the last five ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The June quarter saw wages rise a measly 0.4%, lower than the growth of the previous two quarters. "The June quarter saw the rate of growth in hourly earnings ease to 0.4%, following two quarters of 0.6% wage growth. The rate of growth over the quarter ...

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... increase in its statutory EPS as asset management, corporate advisory and lending performed strongly. For the six months ending June, underlying earnings per share were 16.3 cents (up 92% from June half last year) and statutory EPS was 10 cents (up 61%). ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... government abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that applies to companies and lightening its total tax bill for FY21 by about $44 million. ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
... bringing Australia into line with global best practice," Hume said. The Your Future, Your Super reforms passed the parliament on June 17. Hume said the reforms will ensure the superannuation system works harder for all Australians, saving workers $17.9 ...

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
... for registration under ASIC's new enforceable code regime," Loane said. The first code originally came into effect on 30 June 2016, though compliance with the code has been found to vary throughout the industry. "I am proud of the current Life Insurance ...