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Showing 21 - 30 of 2005 results for "Plus"

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... year, while profit after tax was $35.6 million. The second stage of its overhaul, which will be implemented over the next six-plus months, involve enhancing the investment platform, building improved product and distribution capability through new channels ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... under its newly established Medium Term Notes Programme, dated 18 August 2023. The Notes have a coupon of three-month BBSW plus 93 basis points, were priced at par and mature on 26 February 2027. Issued in Australian dollars, these Notes are targeted ...

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... finally making a tactical wager that they can use private credit to exceed their hurdle rates, many of which are in the 10% plus range," KKR said. "We too view private credit as an attractive asset class, particularly in times of dislocation when the ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... corresponding period. Sales for lifetime annuity, which includes Aware Super's annuity policy valued at $619 million, and Index Plus products hit $1.1 billion, up 190% year on year. During the period, Challenger also partnered with the Commonwealth ...

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
... to form the basis for a platform focused on the production of year-round produce in renewable energy powered facilities," plus a "major producer and supplier of vegetable seedlings to growers across Eastern Australia pursuing plans to create more efficient ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... the right lens to us wanting to be Australia's best relationship-driven bank," McEwan said. "I have enjoyed the past four-plus years as chief executive and the way in which NAB has improved its performance, standing, trust and reputation... I am confident ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
... culminative net flows in the Australian unlisted managed funds industry are now negative. "This clear investor preference for ETFs, plus the increasing 'conversion' activity we're seeing of unlisted managed funds into active ETFs, represents a significant ...

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... leadership that can take us to the next level." "Jon shares our passion for encouraging better financial customer outcomes, plus an outstanding track record in scaling large financial services businesses. He's had an incredible impact as chief commercial ...

SG Hiscock plucks new investment chief from UniSuper

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... will look for new growth opportunities that will strengthen our capabilities and investment offering," Hiscock said. "His 30-plus-year career spans many different areas in financial services, and his knowledge and experience will be an asset to our investment ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. In early 2020, ASIC froze Mayfair's assets and operations over concerns it was a Ponzi scheme. Many of ...