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Showing 391 - 400 of 14031 results for "Down"

Alternatives, international equities dominate mandates

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... adjustments, increased the mandate universe from 2600 in December 2024 to just over 6000 in March. By asset class, this broke down into alternatives having the most mandates with 1525, followed by international equities with 1501, Australian equities ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
Perpetual took a slight hit in underlying profit after tax - down 1% to $204.1 million - flagging outflows in the asset management business and a softer performance in wealth management due to "uncertainty" surrounding its ownership. Despite the uncertainty ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
With assets and profits down 30% in the year, Platinum Asset Management's hopes of recovery are pinned on the L1 Capital deal and subsequent rebranding to L1 Group. Releasing its final annual results yesterday evening, Platinum Asset Management confirmed ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... rates in November, though it's no longer the done deal we previously believed. It will, as was the case in August, come down to the next quarterly CPI report due in late October," he said. "If annual trimmed mean inflation only holds steady at 2.7% ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
Centrepoint Alliance saw its net profit after tax (NPAT) reduced by over $2.6 million in FY25 on the back of increased expenses. Centrepoint Alliance reported $40.9 million in gross profit for FY25, a 13% or $4.8 million increase from the prior corresponding ...

Vale Raymond Mason

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... working in his family's brokerage business. In 1970, Legg & Co. acquired Mason & Co. to become Legg Mason. Mason stepped down in 2007 after serving 46 years as chair, president and chief executive. Legg Mason acquired Martin Currie in 2014, joining ...

Chalmers says tax reform coming, but offers no detail

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
... [trusts and capital gains], but what we have agreed with the Economic Reform Roundtable is that any further steps that we take down the tax reform path, which would be a matter for Cabinet, would be consistent with those three principles that I menti ...

Winners named in annual IMAP Managed Account Awards

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... Interest category was BondAdviser, and LAB Managed Portfolios was recognised as the best in Innovation. The results were handed down by a panel of judges, including Evidentia deputy chief investment strategist Deanne Baker; Brad Matthews Investment Strategies ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... $338.5 billion. Meantime, Apex Group leads on assets under administration (not held in custody) at $298.4 billion. The winding down of NAB Asset Servicing continues, with it still holding about $240 billion in assets as at June 30, according to ACSA. ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... introducing 'tell-us-once' legislation. Delahunty was present on day one of the Roundtable where she presented ways to cut down on duplication including recommending a 'tell-us-once' principle of reporting. "The government's announcement it will be introducing ...