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Showing 371 - 380 of 7952 results for "Total"

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... ETFs and listed fund services had $303.3 million while the funds management and investment advisory unit had $291 million. Total FUM grew 14% year over year while revenues of $6.2 million increased by 17%. The group made a net profit after tax of $344,687 ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... $10.6 million. The company declared a fully franked dividend of 1.75 cents per share, to be paid on October 2, bringing total FY25 dividends to 3.0 cents per share. Managed accounts funds under management grew to $423 million, a 40% increase from FY24 ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was driven by Spectrum's net inflows of $848 million. OneVue net outflows were $322 million. ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... services division recording the largest jump. Statistics from the Australian Custodial Services Association (ACSA) show total assets under custody held on behalf of Australian investors grew 2.9% to $5.6 trillion. This was largely on the back of positive ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total income came in at $324.4 million, an increase of 27.1%. Its platform revenue increased by 26.8% to $316.4 million, and on average ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
... profit before tax was up 4.1% to $53.7 million. Equity Trustees declared a final dividend of 56 cents per share, bringing total dividends for the year to 111 cents, up 6.7%. Equity Trustees managing director Mick O'Brien said the result illustrates a ...

Salter Brothers acquires Causeway AM

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Salter Brothers has announced the acquisition of Causeway Asset Management as it expands its private credit business. Causeway is an Australian private credit fund manager with more than $600 million in assets under management and advice. Salter Brothers ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
... mid-2022 when VG1 Partners (VG1's investment manager) merged with Regal Funds Management," Jones said. "Furthermore, the total shareholder return over the three years since that merger is +45.3% pre-franking, or +55.8% inclusive of franking. As we ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... The fourth fund, the Global Alpha Extension Fund, was transitioned onto Magellan's platform in 4Q25. The four funds have a total of $1.7 billion in AUM. Barrenjoey saw a 24% increase in revenue and reported NPAT of $59.4 million. All business lines reported ...