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Showing 141 - 150 of 38095 results for "Year"

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA | FRIDAY, 8 MAY 2026

... driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private markets-managed funds, managed accounts and co-investments. It also profited ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA | FRIDAY, 8 MAY 2026

... further 7500 products across 37 superannuation entities could be roped in. Since it was introduced in 2021 and until last year, 108 of the 123 products that failed the test have been extinguished. Financial Services Council Blake Briggs said: "A CPI ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI | FRIDAY, 8 MAY 2026

... unaudited net profits after tax (NPAT) of $16.3 million for the first four months of 2026, a 197% jump from the same period last year. Revenue came in at $109.6 million, a rise of 36% from the previous year. BFG said performance was driven by strong ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI | FRIDAY, 8 MAY 2026

... the CSLR will reach the annual cap of $250 million, along with the calculated levy ($126.9 million) for the next financial year. Although he welcomed the government's announcement to invite all sub-sectors to share the responsibility of the scheme, Anderson ...

HUB24 hires head of retail distribution

VINNY VUCAGO | FRIDAY, 8 MAY 2026

HUB24 has appointed Nathan Taggart as head of retail distribution. Taggart joins HUB24 with more than a decade of senior leadership experience across distribution, adviser engagement and strategic growth roles within financial services. Most recently ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR | THURSDAY, 7 MAY 2026

... stablecoins to modernise and improve their services," said AUDC's chief executive officer, Effie Dimitropoulos. This year the group was granted an AFSL, which allows it to provide non-cash payment facilities and operate within Australia's financial ...

BNP Paribas expands APAC presence with new appointment

ELIZA BAVIN | THURSDAY, 7 MAY 2026

BNP Paribas has appointed Gary O'Brien as head of financial intermediaries and corporates (FI&C) client line for securities services in Asia Pacific, effective immediately. Based in Australia, O'Brien will report to Franck Dubois, head of Asia Pacific ...

Ten Cap appoints inaugural distribution lead

MATTHEW WAI | THURSDAY, 7 MAY 2026

... investment channels." This appointment follows the launch of Ten Cap's listed active ETF (ASX: TCAP) in November last year, based on its existing Alpha Plus Fund, a long-short equity only strategy in Australia.

Digital asset adoption in SMSFs not a surprise: Burgess

MATTHEW WAI | THURSDAY, 7 MAY 2026

... more than 90%, displaying a highly concentrated position. Further, one in five (20%) had established their SMSF in the same year as their first digital asset investment. Observing this, OKX believes industry super funds failing to increase investor preferences ...

JANA hires general manager, wealth

JAMIE WILLIAMSON | THURSDAY, 7 MAY 2026

The asset consultant picked BT's former managed accounts lead to head up its wealth division. JANA Investment Advisers has appointed Zac Leman to the newly created position of general manager, wealth. Leman was most recently head of managed accounts ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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