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Showing 361 - 370 of 2209 results for "Financial Year"

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... clients' assets are worth $17.2 billion. The fund manager earned $19 million in performance fees for the last financial year. Recent ETF data shows that one of Magellan's ETFs experienced large redemptions.

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Platinum Asset Management ended the 2024 financial year with $13 billion in funds under management (FUM), down nearly 30% from the prior year. The fund manager saw about $234 million exit in net flows in the month of June. The majority of this - $195 ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... have benefitted from bringing forward deductions such as by making personal deductible contributions by the end of financial year for greater tax effectiveness." Perri added that as the retirement system beings to reach maturity it is paramount that ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... exceptional value to our customers," it said. Its managed funds, the Voyager series, also achieved strong returns for the financial year. The Spaceship Universe Portfolio returned 26.27% for FY24, while the Spaceship Earth Portfolio returned 20.89% ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... Compensation Scheme of Last Resort (CSLR), which imposes another levy on the sector of $18.5 million for the 2025 financial year. Only 26% of advisers think the QAR reforms will benefit their business models, while a similar number believe the changes ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
ASIC's regulation activity for the 2024 financial year is expected to slug financial advisers $48.39 million collectively as the annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial ...

ASX delistings outpacing new market entries

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... Activity Report for June 2024 highlighted a significant trend of ASX delistings outpacing new market entries last financial year. The report suggested investors were increasingly pivoting towards private markets in search of portfolio diversification ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
Future Group's flagship super offering has returned 10.1%, while Verve Super achieved 9.9% last financial year. The results are for the Future Super Balanced Index option and Verve Super's standalone strategy. Future Group said the results are proof ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
The MLC MySuper growth portfolio has generated a 9.8% investment return for the financial year. The three and five-year returns for that option were 5.4% and 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
Cbus has reported an 8.35% return for its growth MySuper investment option for the last financial year. The $94 billion industry fund said that the option has averaged an annual return of 7.73% over the past 10 years. It has achieved an average annual ...