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Showing 241 - 250 of 6744 results for "Profit"

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
New research from State Street Global Advisors and Investment Trends shows about 59% of Australian financial advisers are now using managed accounts (MAs), as performance remains the top criteria for advisers. According to the SPDR ETFs / Investment ...

TAL director named CEDA chair

ELIZA BAVIN  |  MONDAY, 10 MAR 2025
... month. CEDA chief executive Melinda Cilento said Bartlett brings a depth of experience across both the business and non-profit sectors, making her ideally placed to guide CEDA as it embarks on its new Progress 2050 vision for Australia's economic and ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... would lead to less manpower to perform tasks such as checking and managing share dealing and translate to a 30% benefit to profit on average. For the average fund, tokenisation is expected to generate a 30% cost saving on fund accounting, 25% on transfer ...

JBWere nabs duo from Perpetual

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... David Hurley was an associate Partner at Perpetual for more than seven years, providing investment advice to a range of non-profit and private clients across Australia. As part of his role he worked with clients to develop long-term investment strategies ...

PIMCO names wealth management lead

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... 2010, responsible for distributing customised managed account portfolios to national dealer groups, advisers and not-for-profit organisations. Previously, he worked for Ascalon Capital Managers, part of the Westpac Group, for over six years. He has 20 ...

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
... channel. Net operating revenues for the investments business were down 9% in 2024 to £797 million, while adjusted operating profit rose 22% to £61 million. Institutional and retail wealth gross inflows were up 31% to £25.5 billion, however net inflows ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Insignia Financial will take a $53.5 million profit hit after electing not to exercise an early repayment request from NAB. Insignia issued $200 million of subordinated loan notes (SLNs) to NAB in May 2021 as part of the funding package to finance the ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
Buyers of financial planning practices and client books are becoming more focused on profit, leading acquirers to be much more discerning when it comes to fee per client - but they should continue to trade at a premium to other small businesses. According ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... kept the finer details under wraps in its ASX half-year results to 31 December 2024. The company reported an operating profit of $406,000, up 137% from the prior corresponding period, crediting the gain to structural changes implemented in the second ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
ClearView Wealth's profit took a blow with its underlying net profit after tax (UNPAT) down 22% to $15.2 million in the six months to 31 December 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. ...