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Showing 3281 - 3290 of 7106 results for "June 2023"

REST appoints exec from SSFS

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
REST has appointed a chief risk officer who was previously a risk manager at State Super Financial Services (SSFS). Phil Budge joined REST in June 2015 and is responsible for the fund's risk management framework. At the same time, he provides independent ...

Cash is king at the Future Fund

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
The Future Fund has reported a 15.4% return for the year to 30 June 2015 and has dramatically increased its cash exposure to 19.5% as it expects higher volatility and lower global growth. The fund's cash exposure has increased from 11.2% to 19.5% in ...

HUB24 sees 3000% profit boost

ALEX BURKE  |  MONDAY, 31 AUG 2015
HUB24 grew gross profit by 3000% in the 2015 financial year to $4.8 million, after a $0.1 million loss in the previous corresponding period. In its annual report, the investment administrator also noted it expected to reach $2 billion in funds under ...

Planners ready for Trowbridge

ALEX BURKE  |  MONDAY, 31 AUG 2015
Around 80% of planners are prepared to make changes to their business models should the Trowbridge recommendations be implemented, according to Investment Trends research. The June 2015 Planner Risk Report suggests most (roughly 75%) financial advisers ...

Feds still in a hole at the Jackson

BENJAMIN ONG  |  MONDAY, 31 AUG 2015
"You say it best when you say nothing at all." - Ronan Keating Or rather, they did - the voting and non-voting members of the Federal Reserve Open Market Committee (FOMC). Their conflicting stances did not settle the when of the lift-off issue one single ...

Fiducian reports growth after restructure

STAFF WRITER  |  FRIDAY, 28 AUG 2015
Fiducian net profit after tax grew 28% for the year to 30 June 2015, during which the financial planning group restructured and acquired a number of advice businesses. The group's profit was $5.7 million, up from $4.5 million the year before, while ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
The tsunami that has swept the financial market world last week right through to Monday has left and gone... and once more, the sun shines and the sky's blue. This means that the Fed can go ahead and lift, right Virginia? More so after last night's ...

Folkestone builds on strong foundations

MARK SMITH  |  THURSDAY, 27 AUG 2015
Real estate investment manager Folkestone has more than doubled its profit in the 12 months to 30 June. Net profit after tax stood at $7 million, up 122.6% on the same period last year. Earnings per share of 1.1 cents were up 57.1% on FY14 and funds ...

Perpetual's acquisition of The Trust Company pays off

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
Perpetual Private's profit before tax was up 74% for the year to 30 June 2015, with the parent company registering a net profit after tax 50% higher. "The result was boosted by the acquisition of The Trust Company, growth in new high net worth clients ...

Australians are hardly retirement ready

DARREN SNYDER  |  THURSDAY, 27 AUG 2015
Australians on the verge of retirement are least likely to be retirement ready according to new analysis from Commonwealth Bank. Reviewing the data of more than 12 million Australian superannuation accounts as at 30 June 2014, CommBank and Rice Warner ...