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Showing 1931 - 1940 of 8107 results for "Total"

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... nothing, he added. In the same letter, Flatt spoke of the growth the firm has seen in the Asia Pacific region, saying its total assets in the region have now hit US$100 billion. It's quite possible that one-third of Brookfield's business will ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

ASX chief steps down

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... roles of managing director and chief executive after nearly six years at the helm. He leaves the bourse after nine years in total and plans to retire from executive roles altogether. "Now is the appropriate time for a new CEO to be transitioned into ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... The master trust business had $62.9 billion in assets under management, which was $2 billion higher than FY20. All in all, total AUM increased 8% to $134 billion, driven by improved investment markets and a reduction in net cash outflows. The North platform ...

Pinnacle hires retail distribution lead

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... Australia and MLC. Pinnacle recently reported a net profit after tax of $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year, with some $6.4 million emanating from performance fees. Pinnacle now has 16 affiliates ...

MLC Life names head of fund partnerships

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... Wu. Porter was most recently executive manager of operations at MTAA Super, a role he held for more than eight years. In total, he spent close to 13 years with the fund, departing last year ahead of its merger with Tasplan to create Sprit Super. Prior ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... month. Making its presence known in the territory, the group purchased a commercial property located in Kingston, ACT for a total of $2.2 million via a trust, which will house the Kelly Partners Canberra business. The group currently has 18 offices. ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... James' Place eroded funds under management, abruptly walking away with $23 billion and leaving a 12% gaping hole in revenue. Total FUM declined 15% to $95.5 billion in the space of three months between September and December 2021. In the same period ...

New study on precious metal hedge

ELIZABETH MCARTHUR  |  FRIDAY, 4 FEB 2022
... Americas, Europe, and Asia Pacific - are on palladium and copper. Nickel and lead were found to add the highest risk to total portfolio risk. Platinum, gold, and aluminium added the least risk to the portfolio of commodities. The researchers concluded ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... "joint decision" and the loss ultimately lowered net profit after tax to $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year; some $6.4 million came from performance fees. Pinnacle now has 16 affiliates ...