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Showing 31 - 40 of 6742 results for "Profit"

Contact Asset Management terminates sole fund

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAR 2026
Contact Asset Management is closing its only fund, but the boutique isn't going anywhere, continuing as manager of BKI Investment Company. Contact Asset Management began winding up its Australian Ex-50 Fund earlier this month following a review ...

Wealth levels triple for middle Australia: SMC

ELIZA BAVIN  |  TUESDAY, 24 MAR 2026
... growth through super helped working Australians build wealth, the report found. From 1996 to 2025, net returns on super in profit-to-member funds were two times higher than wage growth, helping to reduce cost-of-living pressures for retirees. The report ...

Bailador pumps millions more into DASH

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2026
DASH received a further $5 million investment from Bailador Technology Investments as it pushes towards profitability. DASH is undertaking another capital raise as it looks to drive further automation, accelerate its direct and partnership go-to-market ...

Managed accounts increase confidence amid volatility: Research

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
... adoption is highest among larger and more profitable practices. Around two-thirds of advisers from practices reporting net profit margins above 30% are using managed accounts. "As managed accounts move into the core of advice delivery, advisers are reporting ...

FSC questions SMC's claim on younger members' super switches

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
... who have received professional financial advice. SMC found in 2024-25, 68% of Australians who switched out of the five profit-to-member funds into for-profit platform-based super funds had under $100,000 in super, and 8% had under $200,000. "Healthy ...

Geoff Lloyd to lead Perpetual wealth spin-off

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... investment platform Stake, the advice platform DASH Technology Group, and iExtend. Lloyd has also been involved in non-profit work, serving as chair of the University of Technology Sydney Law School Advisory Board, UTS's inaugural Philanthropy Board ...

Fidelity expands ESG role

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Institute, serving through June 2025. Originally from Ecuador, Jaramillo began her career as a founding member of a not-for-profit focused on improving education and health outcomes in the region - early experience that shaped her focus on responsible ...

Solaris prepares to launch LIC for income seekers

RIDDHIMA TALWANI  |  THURSDAY, 19 MAR 2026
Solaris Investment Management has launched the Solaris Australian Equity Income Plus (ASX: SET), a listed investment company (LIC) designed to deliver monthly fully franked dividends for income-seeking investors. The shares for the LIC are expected ...

AWAG appoints first head of advice

JAMIE WILLIAMSON  |  TUESDAY, 17 MAR 2026
... management at Australian Wealth Management, executive director at Garrisons, and director at KPMG. He also worked at not-for-profit Possability. AWAG said the appointment strengthens the group's "leadership and commitment to high-quality, compliant and ...

Bain Capital to acquire Perpetual's wealth management unit

KARREN VERGARA  |  MONDAY, 16 MAR 2026
... management's longstanding reputation as a premium provider of high net worth advisory, fiduciary, philanthropic and not-for-profit offerings in the Australian market," Perpetual chief executive and managing director Bernard Reilly said. "This is ...