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Showing 1661 - 1670 of 20094 results for "Asset"

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

Betashares launches Bitcoin, Ethereum ETFs

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... to extend the same opportunity "in the familiar form of an ETF." "By partnering with Bitwise, a global leader in crypto asset management, we're delivering best-in-class solutions for Australian investors who want exposure to Bitcoin and Ethereum without ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... net profit after tax (UNPAT) of $11.8 million, while revenues grew more than 4.4% because of new client growth and higher asset-based fee income. In the period, it lost 11 advisers, which it described as natural attrition. The Wrap business recorded ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
AustralianSuper has called for a modernised tax system, warning that without reform super funds will at the very least be bogged down by complexity and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its ...

Macquarie AM expands $300m active ETF platform

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Macquarie Asset Management (MAM) has launched two actively managed fixed income ETFs, bringing its total offerings to seven - four in fixed income and three in equity - with over $300 million assets under management. The Macquarie Global Yield Maximiser ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
HUB24 expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... holders and our capital partners over the long term. "Markets move in cycles and we are now reaching a turning point for real asset owners. Longer-term trends remain sound with demand underpinned by strong population growth." The turnaround in performance ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... years' experience in the investment industry, including roles as chief executive and head of distribution at Auscap Asset Management, head of equity distribution at JP Morgan, and positions at Macquarie Bank. Gurney said his appointment adds "significant ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... management in the half. It also expanded its leading range of investment strategies and managers, he said. "Our leading credit asset origination platform now includes whole loan servicing, and we have participated in a number of flow and block opportunities ...