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Showing 1641 - 1650 of 2919 results for "Merge"

Folkestone builds on strong foundations

MARK SMITH  |  THURSDAY, 27 AUG 2015
Real estate investment manager Folkestone has more than doubled its profit in the 12 months to 30 June. Net profit after tax stood at $7 million, up 122.6% on the same period last year. Earnings per share of 1.1 cents were up 57.1% on FY14 and funds ...

ClearView life insurance drives $20m profit

ALEX BURKE  |  WEDNESDAY, 26 AUG 2015
ClearView has boosted its net profit after tax to $20.5 million in FY2015, up 4% on the previous year. This growth was primarily driven by the company's life insurance division, which boosted net profit by 41% to $15.3 million, thanks to a 26% in new ...

Four pillars policy is killing innovation: research

LAURA MILLAN  |  TUESDAY, 25 AUG 2015
... acknowledges that the policy made sense prior to the global financial crisis (GFC) because it prevented major players to merge with each other. "But the unintended consequences of the policy in a post GFC environment have been deep vertical and horizontal ...

WAM Capital poised to pounce in mixed market

MARK SMITH  |  MONDAY, 17 AUG 2015
Wilson Asset Management chief investment officer Chris Stott says increasing M&A activity will create investment opportunities in the year ahead, despite a mixed economic outlook. The group's listed investment company, WAM Capital, grew 35.3% to $806.5 ...

Crowe Horwath progressing growth ambitions

MARK SMITH  |  TUESDAY, 11 AUG 2015
Six months on from the merger with Findex, Crowe Horwath is looking to broaden its financial advice offering by offering a full-service model to family offices. The merger significantly increases the scale of the accounting, audit, tax and financial ...

Tasplan and Quadrant to use Acurity software

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
Tasplan and Quadrant will use superannuation software provider Financial Synergy and its Acurity administration program when the funds finalise their merger in November. The move will also help prepare Tasplan and Quadrant for a potential merger with ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
Roll out the barrel, roll out the barrel of fun... for it's gonna be a good day, gonna be a good, good day for Australian equities. Well, at least at the open with the SPI futures trading up 36 points. Yes, at the open, for we've been here many, many ...

MySuper fee savings can be doubled

MARK SMITH  |  THURSDAY, 6 AUG 2015
MySuper will result in total cost savings of $1.4 billion to the overall super system, but introducing some simple measures could double that amount, according to the Grattan Institute. The Institute's productivity growth program director, Jim Minifie ...

SelectingSuper rejects claim small funds should merge

ALEX DUNNIN  |  WEDNESDAY, 5 AUG 2015
... SelectingSuper has rejected the reported assertion that super funds with less than $5 billion in assets should be required to merge. In was reported in Fairfax media this morning that a major superannuation research group has said that funds below this ...

Tasplan and RBF to merge

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
... Tasplan had $2.5 billion in funds under management as at 31 March 2015, notes researcher Rainmaker. The fund is already set to merge with the $628 million Quadrant Super in November. The combined $8 billion superannuation group will become Australia's ...