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Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... top-quartile performance over the last five years, and it remains a top pick in the Australian small-cap universe with consistent results year on year, Morningstar said. Other female fund managers who scored highly across the pillars include Capital ...

Arena welcomes chief investment officer

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... valuable at a time in which we anticipate new opportunities to emerge," de Vos said. According to Arena's latest half-year results, the fund manager saw a 3% rise in its net operating profit, driven by like-for-like contracted rental increases averaging ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... chief executive John Shuttleworth said. The preview of the platform's design came as Centrepoint delivered its interim results for 1H24. It flagged strong financial performance, with an 11% increase in normalised EBITDA of $4.1 million, driven by organic ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... chief executive Renato Mota, who is set to leave the firm at the end of the month, said he is pleased with the half-year results as the group continues to execute strategic priorities. "Through disciplined execution we have delivered synergy benefits ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... by 6% over the six months to December 31, while increasing its statutory profits by 135%. The group's latest half-year results indicate its underlying EBITA is up by 9% to $5.436 million and statutory profits are up from $858,000 in 1H23 to $2.014 million ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... However, he warned of inherent challenges with AI: the decision-making models can be opaque, algorithms might produce biased results due to historical data predispositions, and its predictive capabilities aren't infallible, sometimes generating completely ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total decrease of about $697.3 million on prior book values. Notably, the weighted average capitalisation rates ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... up to $13.1 billion when also accounting for January; it has more than doubled in the last five years. "The financial results for the half-year once again demonstrate the resilience of Fiducian's ability to manage economic uncertainties," the business ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... will also generate productivity gains and operating efficiencies," Challenger said. Also announcing its 2024 half-year results this morning, Challenger's Life business recorded $5.3 billion in revenue, down 4% on the prior corresponding period. Sales ...

J.P. Morgan Asset Management enhances adviser portal

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... portfolio analysis tool that advisers can use 24/7, accessing a database of more than 8000 local investments and tailoring results to clients. Advisers can also customise its reports with their own company logo. The tool, known as dPI, is customisable ...