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Showing 21 - 30 of 6742 results for "Profit"

Regal Partners' FUM drops by $0.6bn

RIDDHIMA TALWANI  |  MONDAY, 20 APR 2026
... independent non-executive director of the board. In the year to 31 December 2025, it delivered a full-year normalised net profit after tax (NPAT) of $160.5 million, up 65% from the year prior. FUM excluding commitments for the quarter dropped to $20.2 ...

K2 AM to close small cap ETF

KARREN VERGARA  |  MONDAY, 20 APR 2026
K2 Asset Management (KAM) is shutting its small cap ETF for failing to achieve sufficient scale after nearly 11 years. The K2 Australian Small Cap Hedge Fund Complex ETF (ASX: KSM) is winding down with the last trading day set for May 15. Incepted on ...

Netwealth reports $4bn net inflows

ELIZA BAVIN  |  THURSDAY, 16 APR 2026
Netwealth saw $4 billion in net inflows in the March quarter, offsetting broader market movement declines of $3.7 billion during the period. Total funds under administration (FUA) as at March 31 was $125.8 billion, an increase of 20.9% on the prior ...

Australian Ethical bleeds $500m amid geopolitical tension

MATTHEW WAI  |  THURSDAY, 16 APR 2026
... its newer growth channels, including gaining traction in the middle market segment by securing a new $50 million not-for-profit client. The first $20 million of flows were received on March 26 and more details will be released in due course. Additional ...

Advice book valuations stagnate despite demand

MATTHEW WAI  |  WEDNESDAY, 15 APR 2026
Depending on the type of business they want to do, financial advisers looking to inorganically grow their client base will have to pay slightly more for a book now, but valuations have stalled overall, according to Radar Results. In its latest price ...

FEATURE: Private equity | Time to deploy

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
Private markets have experienced significant growth in recent years, and investors are showing no signs of slowing down. Global private equity (PE) investment rose from US$1.8 trillion in 2024 to US$2.1 trillion in 2025, despite a decline in deal volume ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
Magellan Financial shareholders have approved the takeover of Barrenjoey at an implied valuation of $1.6 billion. Magellan first announced the merger in early March, noting Brian Benari will become the group chief executive under the new entity. Sophia ...

FEATURE: Global equities | Triaging tech's second act

RIDDHIMA TALWANI  |  WEDNESDAY, 8 APR 2026
"I think the odds are on our side." That was the message from Anthropic chief executive Dario Amodei at the World Economic Forum in Davos, as the race for global dominance in artificial intelligence (AI) gains historic pace. Anthropic is building the ...

GESB chief bows out after 10 years

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
... management for the UK private wealth business. Before that, Palmer worked as an asset allocation strategist in the not-for-profit sector. As for Taylor, he has over 20 years of experience across superannuation funds and institutional investors. Before ...

Soul Patts profit up, returns 9.7%

MATTHEW WAI  |  THURSDAY, 26 MAR 2026
Washington H. Soul Pattinson (Soul Patts), the ASX-listed investment house, has seen its profit increase by more than 600% in the six months to 31 January 2026. Group statutory net profit after tax (NPAT) increased 604.3% to $2.3 billion in the period ...