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Showing 211 - 220 of 6743 results for "Profit"

Insignia lost a suitor, but takeover isn't off the table: Morningstar

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
Bain Capital withdrew its bid for Insignia Financial, which saw the company's share price tumble, but with CC Capital still in the mix, the takeover saga isn't over yet, according to Morningstar. Morningstar said that although the risk of a ...

Lendlease looks at royal joint venture

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... an announcement will be made should a binding agreement be concluded. In FY23/24 The Crown Estate reported net revenue profit of $2.27 billion (£1.1 billion). The Crown Estate's strategic focus is in areas where there are long-term structural challenges ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... supporting the economy by channeling savings into investments, it added. "Australia's $2 trillion pool of super savings in profit-to-member super funds has not only improved the lives of working people but also generated national prosperity," SMC ...

Alvia scoops up majority stake in ice cream cone maker

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
Alvia Asset Partners has acquired a majority stake in Altimate Foods, Australia's largest ice cream cone manufacturer, in partnership with the company's founding Rizzo family. According to Alvia, Australia's ice cream market has more than ...

Super moves: QIC, VFMC, ESSSuper, Aware Super

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
... for a super fund is Marie Cardac, who is leaving Frontier for a job as an investment manager at EISS Super, the not-for-profit fund for Victorian emergency services and state employees. Cardaci was a senior consultant at Frontier and the deputy head ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... mandate worth about $958 million is to be terminated. The termination is to take effect from this Friday. "The impact to profit of the related loss of revenue will be offset by an acceleration of planned cost savings to be delivered in FY26," Platinum ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... Albanese government to draft of legal reforms to around super's death benefit laws, so family violence perpetrators do not profit from their abuse. The group also called for "ending age-based discrimination" in super by axing laws that exclude most ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
AMP, Insignia Financial and Challenger are poised to benefit from improved flows, lighter regulation and emerging longevity solutions despite the market volatility, analysis from Morgan Stanley shows. AMP's flow momentum is set to continue, combined ...

JANA wins Aboriginal Investment NT mandate

KARREN VERGARA  |  MONDAY, 28 APR 2025
... won a mandate from Aboriginal Investment NT to bolster its $655 million commercial investment portfolio (CIP). Not-for-profit Aboriginal Investment NT's purpose is to promote the self-management, economic self-sufficiency, and social and cultural ...

Bravura chief exits: 'Right time to step aside'

ELIZA BAVIN  |  MONDAY, 28 APR 2025
Bravura chief executive Andrew Russell has decided to step down from his role, effective immediately, after leading the software solutions company through a turnaround. Russell joined Bravura in June 2023 in the role of managing director and chief executive. ...