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Showing 231 - 240 of 6245 results for "December 1999"

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
In the year to 30 June 2025, Australian Unity reported consolidated revenues of $2.6 billion, up $505.6 million. Adjusted EBITDA from continuing operations was $136.2 million, an increase of $65.8 million, and statutory profit after tax of $26.6 million ...

Alternatives, international equities dominate mandates

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
The number of contestable investment mandates rose to 6007 in the March quarter of this year, according to the latest Rainmaker Mandate Chaser report. Managed accounts was the largest market segment with 2658, followed by 2368 for super, 770 for investment ...

Focus Financial names Aus exec chair

MICHELLE BALTAZAR  |  THURSDAY, 28 AUG 2025
Focus Financial Partners appoints a new executive chair to oversee Focus' business units in Australia. The group has promoted Travis Danysh from chief corporate development officer to chief strategy officer, effective immediately. Under the newly-created ...

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 ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
The exit of three key portfolio managers at Stewart Investors has thrown ratings of several funds they managed into disarray. Sydney-based senior portfolio managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai ...

ART raises stake in Tabcorp

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
Australian Retirement Trust (ART) has become a substantial shareholder of Tabcorp, now owning 5.072% of shares, representing a 0.02% overweight position based on ART's portfolio construction. Yesterday, Tabcorp disclosed that the super fund had ...

Euroz Hartleys in 'early stage' talks with big investor

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
Euroz Hartleys Group confirmed it is in the "early stages" of discussions with the Bank of Montreal (BMO) for the latter to potentially make a strategic stake in the Perth-based financial services company. Addressing an AFR article published on August ...

Ares launches wholesale infrastructure fund

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
Ares Management has launched the Ares Core Infrastructure Fund (AUT), an Australian-domiciled unit trust designed to provide wholesale and advised retail clients access to Ares Core Infrastructure Fund (ACI). ACI is a private infrastructure investment ...

DigiCo REIT names new chief executive, targets 30% growth

ELIZA BAVIN  |  MONDAY, 18 AUG 2025
HMC Capital's DigiCo REIT wants to have contracted IT capacity of 27MW by June 2026, representing 30% growth from June 2025 across the Australian business, as outlined in its FY25 results. This comes as Chris Maher has been named chief executive, taking ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
The ASX recorded $1.12 billion in operating revenue in the 12 months to 30 June 2025, a 7.3% surge from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth ...