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Showing 2811 - 2820 of 6251 results for "December 29"

Platinum inflows boosted by increased marketing spend

MARK SMITH  |  FRIDAY, 26 FEB 2016
Platinum Asset Management's increased spend on promotion and marketing has paid off with the firm seeing a steady rise in net inflows despite facing stiff competition in the global equity space. The half-year to 31 December saw positive net investment ...

Link Group happy with Superpartners progress

MARK SMITH  |  FRIDAY, 26 FEB 2016
Link Group has reported a $4 million loss for the half-year to 31 December as a result of IPO costs but says it is seeing growth in all its revenue streams and is on track to meet its full year forecasts. The $4 million loss includes costs of $26.9 ...

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

Former BlackRock managing director joins IOOF

MARK SMITH  |  THURSDAY, 25 FEB 2016
BlackRock's former managing director, head of wholesale advisory and iShares, Mark Oliver, has joined IOOF as general manager - distribution. The appointment follows the creation of a new wealth management division in December 2015 and the subsequent ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

Fiducian reports solid funds under management growth

MARK SMITH  |  MONDAY, 22 FEB 2016
Fiducian Group has boosted its after tax net underlying profit as well its funds under management, advice and administration in the half year to December 2015. The listed financial services company saw its net underlying profit after tax rose 15% while ...

Blue Sky lifts profits

MARK SMITH  |  MONDAY, 22 FEB 2016
Blue Sky Alternative Investments has lifted its half year net profit after tax to $4.4 million, up 69% on the first half of FY15. The company also grew its revenue 44% to $23.8 million. The company now expects its underlying NPAT for the year ending ...

Magellan average monthly inflows hit $214m

ALEX BURKE  |  THURSDAY, 18 FEB 2016
Magellan has released its results for the six months ended 31 December 2015, revealing it saw average monthly retail net inflows of $214 million during the period. The firm also saw its average funds under management grow by 44% to $38.8 billion and ...

AMP Capital records solid profit growth

MARK SMITH  |  THURSDAY, 18 FEB 2016
AMP Capital has delivered a full-year after tax profit of $138 million, an increase of 20% on 2014. Despite soft equity markets in the second half of 2015, AMP Capital's operating earnings benefited from strong fee income growth of 14%, assisted by ...

IAG appoints new chair

ALEX BURKE  |  THURSDAY, 18 FEB 2016
IAG has appointed the former chief executive of Deutsche Asset Management Australia as its new chair. Elizabeth Bryan has been a director of IAG since December 2014 and became deputy chair in June 2015. She is also the chair of Virgin Australia and ...