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Showing 311 - 320 of 4504 results for "Cover"

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... and intervene in cases of long delays. An independent review of building regulation is also needed. "This review should cover the National Construction Code's effectiveness against its aims and objectives, its governance arrangements and membership. ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... quite clearly articulated, was to get to a point of having a single statement to meet all the renewal obligations. It would cover the advisers, obligations and fee consent form that needed to be provided to product providers," he said. The government ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
GQG Partners has recorded US$1.7 billion net flows in January, bringing its total funds under management to US$160.4 billion. The firm recorded US$20.2 billion net flows throughout last year, nearly doubling its net flows of US$10.2 billion in 2023. ...

Institutional sales exec exits Ares Management

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
James Fleiter, a member of the institutional sales team at Ares Management Australia, has departed the company Fleiter was a relationship manager in the global client solutions group, where he focused on institutional client management for Australia ...

High-profile stockpicker hires from WTW

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
A WTW operative has landed at high-profile stockpicker Geoff Wilson's Sydney-based fund manager which invests more than $6 billion on behalf of retail and wholesale investors. Nick Kelly has joined Wilson Asset Management as the portfolio manager ...

Alexander Funds recruits regional manager

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Alexander Funds has hired a new regional manager to cover Australia's southern states. The Melbourne based fund management boutique has hired Beatriz Marchueta to cover Victoria South Australia and Tasmania, based in Melbourne. Marchueta will join ...

Super moves: VFMC, QIC, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Nikola Garevski has joined Victorian Funds Management Corporation as a senior equities analyst. Garevski landed at the $92 billion VFMC from AustralianSuper, where he was a senior risk analyst on an eight-month contract. Previously, he spent over four ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... fixed. In the letter to members, Rest explained that under its insurance policy, whenever a member loses their insurance cover, they're offered 28 days from the date of cancellation to contribute and have their insurance cover reinstated. However, due ...