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Showing 141 - 150 of 927 results for "half-year"

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... streams are diversified and ancillary revenues increase," Netwealth said. EBITDA rose 30.1% to 40.5 million for the half year with an EBIDA margin of 56%. The platform provider said its strategic investment in data solutions fintech Xeppo has the potential ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
Pinnacle Investment Management has reported strong first-half year results thanks to its strategy that has withstood the disruption of COVID-19. Funds under management for the ASX-listed firm grew to $70.5 billion at the end of December 2020 or 14% ...

Chant West hires distribution head

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
Chant West has appointed a former ANZ and BT Financial Group executive to expand its institutional sales footprint. Don Sillar has been named the new head of institutional sales, the research house announced. He replaces Geoff Peck, who previously led ...

Magnolia Capital takeover saga continues

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Magnolia Capital has expressed doubts about the solvency of The Agency Group as the saga over its takeover bid continues. Magnolia said it has accepted the findings of the Takeovers Panel but continues to have concerns about the solvency of The Agency ...

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... and Wachovia based in North Carolina. The group, listed on the ASX as EDC, also announced its profit guidance for the half year to December 2020, flagging that it made $2.5 million in net-profit after tax (subject to an audit review). In September last ...

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
Aura Funds Management has appointed a former Challenger executive to lead its property credit fund. Shaun Fernando is a new director and portfolio manager for the firm's real estate credit strategy in Australia and is based in Sydney. Fernando was an ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ...

CFM local head takes on new role

KARREN VERGARA  |  FRIDAY, 8 JAN 2021
Capital Fund Management's Asia Pacific head has left the business, as it winds up its two Australian funds and gears up for new launches. Stephen Shepherd, who was managing director and head of Asia Pacific at CFM for two and a half years, has joined ...

Ignition Advice chief exits

ELIZA BAVIN  |  WEDNESDAY, 6 JAN 2021
Ignition Advice chief executive Manish Prasad announced he has left his position after a little over two years in the role. On a LinkedIn post, Prasad said the decision to step down has come after a year characterised by change. "It has been a tough ...