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Showing 151 - 160 of 6743 results for "Profit"

Alternatives, international equities dominate mandates

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... asset class, and there were a 127 for Australian equities. There were an estimated 55 mandate appointments from not-for-profit super funds and investment managers, 199 model portfolio mandates, four mandates from retail super and three mandates from ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... alongside a lacklustre set of financials, including a 31% drop in adjusted operating profits before tax. The statutory net profit before tax was down more than 60% to $27.5 million. Platinum said it earned "negligible" performance fees for the year. ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
Perpetual took a slight hit in underlying profit after tax - down 1% to $204.1 million - flagging outflows in the asset management business and a softer performance in wealth management due to "uncertainty" surrounding its ownership. Despite the uncertainty ...

Australian Ethical FUM approaches $14bn

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... Altius Asset Management and strong investment performance over the period, Australian Ethical said. Meanwhile, statutory net profit after tax (NPAT) was $19.9 million, up 68% on FY24, while underlying profit after tax (UPAT) grew 29% to $23.8 million. ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
Centrepoint Alliance saw its net profit after tax (NPAT) reduced by over $2.6 million in FY25 on the back of increased expenses. Centrepoint Alliance reported $40.9 million in gross profit for FY25, a 13% or $4.8 million increase from the prior corresponding ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
The Australian Taxation Office (ATO) has warned of an increase in "dodgy advice" about accessing superannuation savings for non-critical medical procedures, like cosmetic dental work. The number of people accessing their super under the guise of medical ...

Future Group calls on super funds to push for bold emissions target

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... invest in Australia's transition to a renewable energy future, super funds have the power to ensure all Australians will profit from the clean energy boom as our nation rapidly decarbonises," Sheikh said. "As a globally significant sector, Australia's ...

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
The exit of two boutiques has dented Pacific Current Group's (PAC) funds under management (FUM) by 29%, while another affiliate dragged the 2025 financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management ...

Regal sees inflows rise 120% to $1.9bn

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
... this brings its 12-month net inflows to a record of $1.9 billion, up 120% on the prior corresponding period. Statutory net profit after tax in the first half was $26.3 million. The group brought in $42.4 million driven by strong performance across a ...

CareSuper adds three to investments team

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... board. Their expertise will add enormous value to our outstanding team of investment professionals," Branton said. "We're a profit-to-member super fund with more than 580,000 members and over $59 billion in assets, with staff right across Australia who ...