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Showing 1661 - 1670 of 8993 results for "ASX"

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... by 21.7% in FY20; as it flags increased IT and infrastructure spend for the next year and a new mobile app for clients. The ASX-listed platform business grew total funds under advice by 35% to $31.5 billion. Net inflows for FUA doubled to $9.1 billion. ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... non-executive director and the chair on November 20 after the annual general meeting. He has been the chair since Platinum's ASX listing in 2007. Taking his place on the board is Guy Strapp, who will be a non-executive director from August 27 and become ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... said. Because of this, Binsted recommends people "look underneath the hood" and take a more active view when investing on the ASX. And while he believes valuation tools, whether it's the CAPE ratio or any other metric, have value in terms of containing ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
ASX-listed Fiducian Group doubled its net inflows to $217 million in FY20, as it posts $10.5 million in statutory net profit after tax for the year. Net profit for the group - which includes funds management, financial planning, corporate and platform ...

Top performing Aussie equity funds unveiled

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... Platypus Australian Equities came out on top in the large cap category and returned 14.4% per annum over three years against the ASX 200 index of 5.2% over the same period. This was followed by Hyperion Australian Growth Companies at 12.5% and Bennelong ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... BetaShares Australian ETF Review. Interestingly there was almost the same figure flowing out of the BlackRock iShares Core S&P/ASX 200 ETF and the State Street SPRDR S&P/ASX 200 month at $159 million and $131 million respectively. The total outflow for ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... agreement with Neuberger Berman subsidiary Dyal Capital Partners to acquire minority ownership interests in six of its funds. The ASX-listed parent of US-based Lighthouse Investment Partners will take minority ownership interests in Bardin Hill Investment ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... after tax of $395.2 million for FY20. The Magellan Core series will kick off as open-ended funds on Chi-X (so far its ETFs use ASX as the primary listing venue) by the end of the year. The inaugural set of three includes the MFG Core International Fund ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... The bank declared a final dividend of 98 cents per share fully franked, adding to an interim payment of $2 per share. In the ASX announcement, CBA chief executive Matt Comyn said the strength in the banks' core businesses, combined with strong operational ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... income and equity flows. Its performance fees were up $11 million but Europe transaction fees were down $4 million. Similar ASX-listed business Pinnacle Investment Management has $3 billion in net inflows ($2.1 billion from instos and $0.9 billion from ...