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Showing 481 - 490 of 5112 results for "Results"

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... review whether our strategy was still appropriate and that the market backdrop, combined with the impact on our financial results, had become an obstacle for us to return to growth in a timely fashion". "Our clients have been patient and loyal and I ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
Private markets buoyed Macquarie Asset Management (MAM), but the green energy sector dragged its performance in the year to March 2023. MAM saw funds under management of $870.8 billion rise 10% year on year but failed to replicate this growth across ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... Republic, which in April had approximately US$229.1 billion in assets and US$103.9 billion in deposits, released disastrous Q1 results showing significant outflows and reduced revenues which resulted in the share price dropping by almost 98% year on ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... US regulators are rushing to sell First Republic and prevent yet another bank collapse after it released disastrous Q1 results showing significant outflows and reduced revenues. Its share price is down almost 98% year on year and dropped 75% in the past ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% underperformed the benchmark. APRA singled ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... part, due to the proportionally higher allocations that pension phase funds make to Australian equities," ICFS said. "The results contribute to the existing body of evidence on the strong financial performance of the SMSF sector," SMSF Association chief ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... KPMG has recommended in its response to the Modern Slavery Act review that mandatory due diligence be introduced. The results of a federal government review into the first three years of the Modern Slavery Act is imminently expected, and many stakeholders ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
... acquisition would be completed," it said. GAM's share price rose on the back of the news. GAM is to deliver its full-year results next week. In January, it said it expects to report an underlying loss pre-tax of $70.9 million. In the prior corresponding ...

Frontier Advisors tops asset consultant ranking

ANDREW MCKEAN  |  MONDAY, 17 APR 2023
... Future, Your Super and regulations, as well as Net Promoter Score. Frontier chief executive Andrew Polson said: "This year's results are close to the best the firm has ever received and that is a great endorsement." "Being able to provide quality advice ...