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Showing 1491 - 1500 of 8243 results for "June"

Pinnacle NPAT doubles in FY21

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... net 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 ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Assets under custody rose 11% to a record $4.4 trillion in the six months to 30 June 2021 on the back of valuations, new research from the Australian Custodial Services Association (ACSA) shows. J.P. Morgan came in first having grown 9.8% to $1,068.3 ...

Netwealth integrates with fintech

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... the data entry involved in calculating their fees and asset allocation for use in their SoAs," he said. Since laughing in June, ProductRex now has over 350 users. The partnership between Netwealth and ProductRex went live on July 27. Netwealth joint ...

Investors lose in viral stock picks

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
... became popular online, at the height of their popularity, and then one and three months after this height and also as at 30 June 2021. The clear finding was that by the time a stock becomes popular and trending online, it's already too late. An investor ...

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... assured framework implemented by ANZ. ASIC released the figures this morning, which total $1.86 billion as at the end of June. NAB has returned the highest amount at $80 million, while CBA has paid out just $9.3 million.

Rest closes basic cash option

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
... outperform the Reserve Bank cash rate before tax and fees over rolling one-year periods. It's 10-year annualised return at June end was 2.18%, while the one-year return to March end was 0.86%. The basic cash option had about $159 million in total ...

CPP Investments APAC lead to depart

JAMIE WILLIAMSON  |  WEDNESDAY, 4 AUG 2021
... Investment Board has been promoted, with a replacement yet to be confirmed. Suyi Kim served as head of Asia Pacific since June 2016, overseeing close to $118 billion in investments and about 160 staff. Effective September 15, Kim will take on the role ...

Goldman Sachs hires for family office offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... that Goldman Sachs wants to work with family offices in Australia comes as several other businesses make the same move. In June, Fisher Investments announced that it would launch a local high-net-worth offering for private clients. Shortly after that ...

Morningstar hires advice lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... solutions, after it acquired AdviserLogic. Founder and chief executive of AdviserLogic Daniel Gara departed Morningstar in June following his company's acquisition. Now, Ivan Gower has joined Morningstar to lead its financial planning solutions - including ...

Lifecycle MySuper outperforms single strategy

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... better. As an example of the performance differential, the best overall MySuper fund delivered 27.3% over the 12 months ending June. This was a lifecycle fund from Guild Super for the under-20 cohort. In single strategy MySuper, the best performer only ...