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Showing 471 - 480 of 2020 results for "AMI"

Iress steady amid OneVue integration

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
Iress' half year results were solid with profit up 9% and earnings per share up 6%, as it finalises the integration of OneVue's business. Iress reported pro forma revenue of $298.7 million and segment profit of $77 million. It declared an interim dividend ...

ASIC outlines approach to reforms amid uncertainty

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
The corporate regulator will allow a period of transition for the several reforms taking effect in the first week of October. From October 1, new laws around adviser reference checking and information sharing requirements will take effect, as will new ...

M&As to create super advice firms

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Mergers and acquisitions will power the financial advice industry, culminating in the formation of "advice mega firms" in the near future, a new white paper suggests. According to a new report by AZ Next Generation Advisory (AZ NGA), the collapse of ...

Frontier partners with due diligence platform

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
Frontier has enlisted the help of a global technology platform to help automate the diligence processes. DiligenceVault will enable the asset consultant to collect and centralise asset manager and fund data. The solution is a two-sided platform used ...

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
The $646 million listed investment company has announced a record investment portfolio for FY20, outperforming the index by 3.2%, ahead of its full-year results. WAM Global recorded investment portfolio performance of 30.7% and total shareholder return ...

Deutsche Bank names real estate lead

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Deutsche Bank has hired an investment banking executive from Morgan Stanley to lead the real estate team that is part of the origination and advisory unit. Amit Sheshinski will join the local bank as head of real estate. Sheshinski spent nearly seven ...

Buffett resigns from Gates Foundation

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
Amid the Gates' divorce, Warren Buffett has resigned from the couple's foundation - though he says the resignation is in-line with his plan to step down from all boards. As Buffett announced his annual contribution of Berkshire Hathaway shares to philanthropic ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
"It's raining men! Hallelujah! It's raining men!" -The Weather Girls Australian 'men' (and women) at work' that is. According to the Australian Bureau of Statistics' (ABS): "Employment increased by 115,000 people in May, following the 31,000 ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
Researchers from the University of New South Wales have issued an alarming report on the state of the Australian housing market, referring to it as a "beast" that is "rampaging through the economy". The researchers are calling for a Royal Commission ...

Fidelity changes up global equities team

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
Fidelity Investments' lead portfolio manager for global equities strategies has resigned. Amit Lodha will cede portfolio management responsibilities for funds including the Fidelity Global Equities fund, which is offered to Australian investors ...