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Showing 1571 - 1580 of 19277 results for "Group"

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... saving about $24 million. It hopes to deliver further reductions in FY25, targeting as much as $65 million in savings. The group flagged that achieving this will involve additional redundancy costs of about $35 million. Still, Insignia Financial has ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... closing the funding gap in the under supplied residential market." The news follows MA Financial's partnership with Humm Group's asset finance platform, Flexicommercial, which is set to acquire up to $1 billion worth of commercial asset finance loans ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... calendar year. The company also flagged the successful acquisition and completed integration of Financial Advice Matters Group (FAM) following on from the acquisition of ClearView Advice, which it said contributed to its uptick in EBITDA.

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... to sell and retire. There's a lot of activity around that. We see that as an opportunity for us," English said. The group is targeting $10 million-plus in revenue in the near future. RI Toowoomba started ramping up its merger and acquisition activity ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... secured $2.8 billion in net inflows, while a record $4.2 billion predominantly came from private credit investors. Qualitas group managing director and co-founder Andrew Schwartz said there are "compelling risk-adjusted return opportunities in residential ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... credit platform, which it acquired from Payton Capital, has assets under management (AUM) of $1.6 billion. Total AUM for the group was also up 30% on FY23 to $12.7 billion. The asset manager said it would be onboarding a new specialist investment team ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... claim then progressed to the CSLR, which ultimately paid an undisclosed amount to the consumer on July 24. Sequoia Financial Group acquired Libertas in 2019, which had about 23 advisers and $1 billion in funds under management at the time. Sequoia announced ...

Aware Super welcomes new chair

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
... experience in the financial services sector as both an executive and non-executive director. She is also the chair of Suncorp Group and a director at Cochlear. Aware Super's chair of governance and nominations committee Patricia Faulkner said the ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... model is that it brings together board members with different perspectives, experience and skills which safeguards against "group think". "Super fund members have been well-served by having a mix of directors. Some bring experience in employer bodies ...

HUB24 sees profits jump 15%

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... platform EBITDA was up 21% on FY23 to $103 million and underlying tech solutions EBITDA was up 1% to $22.1 million. The group will pay a fully franked dividend of 19.5 cents per share, to be paid on October 11. Total funds under administration (FUA) ...