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Showing 171 - 180 of 8357 results for "ASX"

Global X launches US tech ETF

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
... with a management fee of 0.24% per annum - as much as half what customers are paying for other similar ETFs quoted on the ASX. Global X ETFs Australia chief executive Evan Metcalf said the new fund brings important exposure to US-based tech heavy innovators ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... Resort (BOLR) terms. Its changes caused a marked reduction in the practice valuations of AMP Financial Planning advisers. In an ASX announcement, George said: "We have booked a $50 million provision in response to the judgment in the Financial Adviser ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... of $58.8 million, up 64% from the year prior, and a 15% increase in the number of advisers on its books. Reporting to the ASX today, the platform has also had an underlying group EBITDA of $102.4 million, up 45% on FY22, and underlying platform EBITDA ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... Partners' funds under management (FUM) has surged to $104.1 billion as of June 30, reflecting 20.1% growth year on year. In an ASX announcement, GQG attributed FUM growth to $6.2 billion of net inflows and strides in the global equity markets. The fund ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... talent for business strategy and the ability to motivate teams." "Stake is already breaking barriers for investors via our ASX, Wall St and SMSF products, and with Jon on board, we are perfectly positioned to expand well into the future," Leibowitz added. ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
The ASX reported a 37.6% plunge in statutory net profit to $317.3 million, largely weighed down by hefty CHESS replacement costs. The securities exchange finished the financial year with an underlying net profit after tax (NPAT) of $491.1 million, marking ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... funds under administration (FUA) of $70.3 billion in FY23, representing a 26.3% increase on the previous financial year. In an ASX announcement, Netwealth disclosed FUA net inflows of $9.9 billion, a reduction of $3.1 billion from FY22. The company attributed ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
Reporting its annual results to the ASX, Dexus has taken a $752.7 million hit, primarily driven by unrealised valuation losses on its investment properties. In its FY23 results, Dexus disclosed that adjusted funds from operations stood at $555 million. ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... financial adviser in 1989. Since then I have been applying quantitative investment approaches to client investments in listed ASX companies and international ETFs and have generated exceptional results for our private clients," Cuthbertson writes. Sydney-based ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... in delivering high-quality advice to their clients. Sandstone Insights provides advisers and their clients with research on ASX stocks and commentary on the equity market aiming to bolster investment portfolios. The firm's manager John Meagher expressed ...