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Showing 461 - 470 of 7104 results for "December"

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... as Platinum remains on track to deliver its $25 million in target expense reductions, with adjusted expenses for the December 2024 half year down 18% from the December 2023 half, and a profit margin of 43%. Funds under management as at 31 December 2024 ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... data from the Australian Bureau of Statistics (ABS). "Annual CPI inflation at 2.5% in January was the same as it was in December 2024," ABS head of price statistics Michelle Marquardt said. "Annual trimmed mean inflation was 2.8% in January, up slightly ...

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
... reporting to group chief executive Paul Barrett. Blackledge left Fitzpatricks in August 2024. She became chief executive in December 2020 after serving 18 months as chief financial and operating officer. Prior, she served as chief financial officer at ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December and KKR pitching a revised offer this month, Perpetual said the parties could not agree to an alternative transaction. "After ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... must also publish the determination and details of it on its website. AustralianSuper self-reported to the regulators in December 2021. "We then informed impacted members, completed a comprehensive remediation program to compensate them, and cooperated ...

Alpencrest ramps up expansion, signs Aussie affiliate

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... Alpencrest for its Australian small cap equity strategy. Price said LSN recorded a strong three-year track record in December 2024 with a 7.1% p.a. outperformance above the Small Ordinaries Index. "LSN focuses on identifying high-quality, underappreciated ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... Custodial Services Association are a testament to our ability to offer a differentiated service model," he said. As of December, ACSA ranked Apex as number one in Australia for assets under administration, competing alongside global custodians. "We are ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... a binding agreement with SS&C to transform and simplify the Master Trust business. It reached an initial agreement in December, today confirming some 1400 workers will transfer to SS&C. They currently work across administration, technology and digital ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... to fix this. ASIC's most recent effort to bolster compliance with the reportable situations regime, introduced in December 2021, came in December last year when it reviewed adherence, and issued prompts to help licensees strengthen their practices. ...