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Showing 341 - 350 of 7266 results for "Record"

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... was largely on the back of positive momentum in markets over the period. Despite this, there were only three providers to record double-digit gains in the six months. At the head of the pack was HSBC, which grew its assets under custody by 17.2% to $107.34 ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
Netwealth Group has delivered its results for the financial year ending June 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total ...

Salter Brothers acquires Causeway AM

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
... O'Connor added that they have already seen interest in the combined entity. "The integration of Causeway's extensive track-record and Salter Brothers' global platform is garnering significant interest," O'Connor said. "We have already presented our combined ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
... guidelines for VG1 will remain unchanged. VG1 chair David Jones said: "Paul Moore has established an impressive long-term track record in investing in global equities, dating back to his establishment of the PM Capital business in 1998 and his earlier ...

Only half of advice practices report positive earnings: Investment Trends

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
The latest findings from Investment Trends reveal that only half of financial advice practices report positive momentum when it comes to profitability. The 2025 Adviser Business Model Report shows that profitability in the sector continues to improve ...

HUB24 reports record inflows, user growth

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
HUB24 achieved close to $20 billion in inflows in FY25 and reported a 68% increase in profit. Released today, HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations. In the ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... but confirmed that the outflows were not part of severing ties with Elanor Investor Group. Fidante, however, did report record inflows in Europe with $1.4 billion coming into the business. Net income for Fidante rose to $133.7 million, with performance ...

HMC Capital sees AUM soar 47%

ELIZA BAVIN  |  TUESDAY, 19 AUG 2025
... HMC Capital has reported a 47% increase to assets under management (AUM) in FY25 to $18.7 billion. HMC said FY25 marked a record financial performance for the group with pre-tax operating earnings of $224.6 million - up 74% from FY24. HMC managing director ...

Iress adds AI chief to drive innovation

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... Iress chief operating officer Justin Schmitt, who noted that he joins the business at a "pivotal time". "His proven track record in leading AI-driven transformation in financial services and at AWS will help accelerate our efforts to embed AI at the ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
The ASX recorded $1.12 billion in operating revenue in the 12 months to 30 June 2025, a 7.3% surge from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth ...