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Showing 441 - 450 of 6679 results for "Sale"

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
The Australian exchanged-traded fund (ETF) sector will likely hit $1 trillion by 2030, accelerating at a faster rate than the US today. According to Global X's Australia ETF Landscape report, the ETF market grew 37.3% over the past year to $206.2 ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
Generation Development Group's (GDG) underlying net profit after tax rose 55% to $11.2 million in FY24. Its subsidiary, Generation Life, chief executive Grant Hackett said FY24 proved to be another year of outperformance for the company, "surpassing ...

Fidelity appoints new managing director

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
Fidelity International has appointed Simon Glazier as managing director, Australia, with effect from 1 September 2024. In his new role, Glazier will be responsible for delivering continued growth for Fidelity's business in Australia, and further strengthening ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ...

Longreach hires Channel Capital sales lead, launches advisory firm

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Longreach Alternatives has poached the former sales lead of Channel Capital to spearhead its new business unit dedicated to fundraising and distributing its products. Andrew King, who finished up with Channel Capital in May 2023, popped up at fledgling ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
The financial services industry and the journalists that cover it are mourning the loss of Greg Bright, a titan of the financial trade press. For more than four decades, Bright was instrumental in shaping Australia's financial services trade media ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... commissions. It made $24 million in net profit after tax following a $2.6 million loss from the prior year, thanks to the sale of 80% of Morrison Securities. "The shift from commissions to fee for service has also ensured businesses like ours are far ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... terminate AOF's debt facility and declare a special distribution of at least nine cents per unit. The deal is another fire sale for the REIT which has been aggressively looking for buyers in the past year thanks to the office sector rout taking a ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... unfranked. Over the period PAC said it completed asset sales with exits from GQG, Proterra, Cordillera, Avante and the partial sale of Pennybacker, which provided significant potential for capital return, dividend payment, debt paydown and future growth ...