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Showing 381 - 390 of 5923 results for "Second"

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... deliver strong operational results supported by our high-quality operating capability. We are well positioned moving into the second half of the financial year with strong momentum in each of our growth platforms." Private equity, which is the smallest ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
Most of Australia's custodians enjoyed double-digit growth in the second half of 2024, benefitting from strong investment markets and ongoing industry consolidation. Data from the Australian Custodial Services Association (ACSA) shows in the six ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... improved cashflows were supported by top-quartile returns. Regarding AMP Bank, she said there were improving trends in the second half of the year, including a return to growth in the mortgage book as previously indicated. "We continue to prioritise ...

EQT brings new strategy to Australia

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
... infrastructure sectors. It also ranges from scale-up companies to market-leading businesses. EQT Nexus Infrastructure is the second evergreen fund following the introduction of EQT Nexus in 2023, providing access to its private markets strategies. The ...

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
The Australian Securities Exchange (ASX) has reported record operating revenue for its half-year result ending 31 December 2024. Following a turnaround year, the exchange saw its operating revenue surge 5.9% to $541.9 million from the previous corresponding ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... procedures in the context of SMSF establishment advice. And I expect that we'll release the findings from this work in the second half of this calendar year," ASIC commissioner Alan Kirkland told a recent event.

Global X launches Russell 2000 ETF

ANDREW MCKEAN  |  WEDNESDAY, 12 FEB 2025
... earnings growth of about 48% year-on-year, creating an opportunity to capitalise on the recovery, he said. Leung said the second reason for the timing being favourable is because small caps typically outperform during pro-business, pro-growth periods. ...

LGT Capital Partners named lead investor for $143m fund

ELIZA BAVIN  |  TUESDAY, 11 FEB 2025
Armitage Associates, an Australian lower-middle market, growth buyout manager, has closed a continuation vehicle (CV) with LGT Capital Partners as the lead investor. As part of the transaction, entities advised by LGT Capital Partners acquired stakes ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... the industry - and will continue to do so. That has taken time, but it has led to a better package for consumers." The second phase is meant to simplify the best interest duty, remove the safe harbor steps, and introduce a new class of advisers. "But ...

Execs face shareholder backlash over pay: Georgeson

ROSE MARY PETRASS  |  TUESDAY, 11 FEB 2025
The ASX300 experienced heightened shareholder opposition to executive remuneration proposals in 2024 for the second consecutive year, according to shareholder services provider Georgeson. Forty of Australia's 300 biggest listed companies received a ...