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Showing 181 - 190 of 6743 results for "Profit"

Buyers demand HNW advice practices: Radar Results

KARREN VERGARA  |  TUESDAY, 29 JUL 2025
Financial advice practices that service high-net-worth (HNW) clients and earn more than $1 million in recurring revenue are in high demand from acquirers, according to Radar Results. Buyers are also keen on institutional licensees and private wealth ...

Regal assets hit $18bn

KARREN VERGARA  |  MONDAY, 28 JUL 2025
... revenue to at least $40 million on a pre-tax and on a normalised basis from $35 million. Regals expects that normalised net profit after tax is to be at least $40 million. The performance fees earned were largely driven by Regal's global long-short equity ...

Macquarie suffers first strike on pay package

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... home in excess of $24 million in FY25. This includes a fixed remuneration of $1.5 million and $15.8 million of retained profit share. Ben Way, the head of Macquarie Asset Management (MAM), would be compensated $12.7 million in total. The head of Macquarie ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... July 2026, Insignia said it would be permitted to pay a special cash dividend, based on a 50% payout of underlying net profit after tax for each calendar month that has elapsed from 22 July 2026. "The offer recognises the underlying value of the Insignia ...

Brookfield takes stake in Cromwell

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... in the funds management business. In its half-year to December 2024 results, Cromwell reported an underlying operating profit of $55.1 million and a $28.6 million statutory loss. ESR Australia & New Zealand specialises in industrial, business park and ...

Elston expands institutional reach

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025
... story with a broader audience of institutional investors." Elston manages $8 billion for retail, wholesale and not-for-profit investors. The fund works with over 750 advisers nationally, providing managed account and unitised investment solutions across ...

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
... members' super," Lister said. "These initiatives align with IFS's broader mission to modernise operations and empower the profit-to-member superannuation industry through scalable, cost-effective solutions. "Our goal is to be the go-to partner ...

Lendlease acquires 175 Liverpool Street

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
Lendlease has acquired 175 Liverpool Street, Sydney and will redevelop the building as luxury residential apartments alongside its joint venture partners. The building will have 300 apartments for sale and 2000 sqm of retail space overlooking Hyde Park. ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar ...

Rest Super loses investment risk lead

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
... taking some time off before looking for my next opportunity," he told his LinkedIn community. "Having now worked at three profit-to-member funds, I'm not sure if I'll have enough time left in my career to work at the remaining funds and cover ...