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Showing 321 - 330 of 8118 results for "Performance"

Platinum client yanks $580m

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... will speed up and help us complete the reset started in 2024. If the merger proceeds, L1 Capital's investment performance culture, track record and investment team should help complete Platinum's performance turnaround," Platinum managing director ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... services business. An ASIC investigation found that, between April and October 2019, Trevillian forged four portfolio performance verification reports with false investment returns related to two products offered by AlphaThorn (now Trading Life Services) ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment performance of $2.1 billion played a key role in driving profitability, as did investment service activity of $613 million. Compared ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... are the only superannuation fund providers whose platform trustee-directed products (TDP) failed APRA's latest performance test. Only seven out of the 563 products that APRA tested failed in its latest assessment, a sharp decrease from the 37 failures ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... providing templated Statements of Advice (SOAs) to advisers that contained misleading representations of Shield's performance; and failing to properly assess Shield before adding it to the firm's approved product list. ASIC said MWL also did ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... The statutory net profit before tax was down more than 60% to $27.5 million. Platinum said it earned "negligible" performance fees for the year. In the year, Platinum saw retail net outflows of $3.16 billion and net institutional outflows of $2.38 billion. ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... underlying profit after tax - down 1% to $204.1 million - flagging outflows in the asset management business and a softer performance in wealth management due to "uncertainty" surrounding its ownership. Despite the uncertainty, Perpetual said the proposed ...

Count sees $5.1m cost synergies from Diverger integration

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... pleased to have delivered cost synergies because of the successful integration of Diverger and a positive financial performance for FY25. "Count continues to set the benchmark for quality, scale and innovation. Our adviser-led model and national footprint ...

Perennial Partners takes stake in boutique fund manager

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... of the solid foundation we've established for the Ziller Global Fund since its inception in 2022 and its strong performance track record. As part of Perennial Partners, I look forward to taking the fund to the next stage of its growth."

Australian Ethical FUM approaches $14bn

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... in FY25, which was a result of positive net flows, the acquisition of Altius Asset Management and strong investment performance over the period, Australian Ethical said. Meanwhile, statutory net profit after tax (NPAT) was $19.9 million, up 68% on FY24 ...