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Showing 341 - 350 of 1637 results for "valuation"

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Members must look beyond the "doom and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert. Presenting at the SMSF Association National ...

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
Family office chief investment officers across the globe intend to allocate more capital towards private credit this year, according to new research by KKR. The global fund manager's annual Family office survey, now in its seventh year, found that ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Macquarie Group has reported a "substantially lower" net profit after tax in FY24 and announced the departure of its long-serving head of commodities and global markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management ...

Count drops $4.1m on SMSF services company

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... support financial planning and accounting businesses. Count will acquire 51% of the business based on an enterprise valuation of $4.1 million. Count will pay an upfront consideration of $1.6 million and the remainder over 12 and 24 months, subject to ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
Fund selectors, wary of an AI bubble, still believe in its longevity, with some viewing it as an opportunity bigger than the internet, according to a Natixis Investment Managers (Natixis IM) survey. Natixis IM conducted a survey of 500 investment professionals ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... $12.3 million to NPAT. Pinnacle also announced that it wrote down $3.4 million for its stake in OpenInvest. The current valuation is now only about $200,000. In 2021, Pinnacle made a $3 million cornerstone investment in OpenInvest. Last December, Tayside ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... conviction that on a relative basis, public REITs should outperform both public equities and private real estate at these valuation levels," he said.

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... financial system, and supporting the community to achieve good financial outcomes." As part of this, APRA pinpointed asset valuation and liquidity management practices in saying it expects investment governance processes to be sound. The regulator said ...