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Showing 151 - 160 of 7283 results for "Performance"

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... drive the inherent value in the business and to demonstrate that through an improved share price and improve business performance," he said.

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... structure entails an initial upfront payment of 80%, with the remaining 20% contingent on meeting deferred incentives and performance targets over 12 months, contingent upon achieving a minimum EBIT contribution of $1.5 million. FAM became a corporate ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... place. So, I would see the risk is very low given those characteristics," he said. In FY23, the fund manager earned performance fee revenues of $339.2 million, a shadow of the $600.1 million reported in the prior period. Statutory net profit after tax ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... consistency of reported data. "The project will make it easier to scrutinise and reliably compare fund and product performance," APRA said. The prudential regulator is also advancing proposals to enhance transparency in how superannuation funds spend ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... investors that MultiCiv had been removed from the development site because it had failed to adequately address its performance issues. Australian Unity has appointed Stonebridge Property Group as the selling agent, who has valued the property into the ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... decisions are made in the best financial interest of our members," he said. "We have a track record of strong investment performance and delivering value by passing on savings to members where possible and investing in high-quality, personalised member ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned from fixed to variable rates, forcing many customers ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... The appointment comes as Macquarie released its half-year to September 2023 results that have not lived up to their performance one year ago. The group's operating income was down 25% year on year to $7.8 billion, while the bottom line sunk 39% to ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... the options for current Kogan Super members with their best interests in mind." In the fund's short time, its performance has been mixed. Its first full-year returns in FY21 show the Enhanced Indexed Growth option achieved 17.90% when the median ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... second quarter of 2023, bringing the total to US$308.3 billion. Janus Henderson chief executive Ali Dibadj said: "Our performance remains solid, and we are seeing areas of strong market share gains." "We will continue to look actively to buy, build ...