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Showing 421 - 430 of 5097 results for "Results"

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
Reporting its annual results to the ASX, Dexus has taken a $752.7 million hit, primarily driven by unrealised valuation losses on its investment properties. In its FY23 results, Dexus disclosed that adjusted funds from operations stood at $555 million. ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... investment approaches to client investments in listed ASX companies and international ETFs and have generated exceptional results for our private clients," Cuthbertson writes. Sydney-based Cuthbertson was an authorised representative of PWMS from July ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest full-year results saw net inflows of $265 million out of the total $364 million came from its aligned advisers. Fiducian's funds under ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... option, MySuper Lifecycle option, cementing its place as one of Australia's top-performing super funds. The performance results also come at a time of immense innovation for the fund with two major digital transformation projects. The first is the ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... and Wealthstone faced losses of $813,560 and $115,533, respectively. The announcement came after AMP unveiled its 1H23 results, whereby the company reported an underlying Net Profit After Tax (NPAT) of $112 million, closely mirroring its 1H22 performance. ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... the principal, with only the net investment returns being allocated for their designated and specific purposes. "This results in a different investment risk profile for the children of Future Fund, essentially capital preservation, and is reflected through ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... bad advice remediation bill represented a small fraction of its whopping $10.2 billion profit, the full-year financial results show. The total customer remediation amounted to a huge $2.6 billion in the 2023 financial year, of which the lion's share ...

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... company to new levels of success," Sequoia said. In announcing the appointments, Sequoia also provided unaudited headline results ahead of its official results later this month. It said revenues of about $130 million are expected, as well as EBITDA of ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... $198 million loss as substantial devaluations in the commercial real estate sector materialise in the 2023 financial year results. The Charter Hall Long WALE REIT (CLW) made a whopping 122% loss after raking in a profit of $911.9 million in the prior ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... in the second half of FY23, with a gain of $280.3 million expected when the sale completes in FY24. Link added that its results will also be impacted by a gain of about $407 million related to the divestment of PEXA, a non-cash impairment of -$368 million ...