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Showing 4991 - 5000 of 12584 results for "Company"

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
... decisions in relation to the provision of financial services to Storm's clients," therefore making them culpable for the company's contraventions of the Corporations Act. Speaking to Financial Standard, SICAG joint chair Mark Weir said he was "a bit ...

Pinnacle director departs after Wilson acquisition

ALEX BURKE  |  MONDAY, 29 AUG 2016
... follows the news that Wilson Group completed its acquisition of Pinnacle on August 25; the group owned roughly 75% of the company and purchased the remaining equity last week. As a result of the acquisition, Wilson Group has rebranded as Pinnacle and ...

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
HUB24's retail funds under administration (FUA) grew by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new ...

Link seeks admin margin improvement

DARREN SNYDER  |  MONDAY, 29 AUG 2016
... fund membership cards and mobile apps for members as part of a strategy to facilitate and enhance member engagement. The company recorded a statutory net profit after tax of $42.5 million which was well above the FY16 prospectus forecast.

Sunsuper continues push into adviser market

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2016
... launched an online portal for financial advisers. Alessandra Bertora and William Burke both joined the Queensland-based company last month, charged with "growing Sunsuper's membership and funds under management via external financial advisers, and ensuring ...

Easton makes $2.75m acquisition

ALEX BURKE  |  FRIDAY, 26 AUG 2016
... revenue targets. Easton will also acquire Panthercorp's stake in Law Central, bringing Easton's total holding in the latter company to 56%. Finally, Easton will enter into employment agreements with Panthercorp's two current largest shareholders, Graeme ...

Mercer consulting head joins Schroders

MARK SMITH  |  THURSDAY, 25 AUG 2016
The head of Mercer's investments consulting team has left the company after more than 18 years. Graeme Mather, who was a partner at the firm, has taken up a role with Schroder Investment Management as head of distribution, product and marketing. Mather ...

Investors Mutual readying income focused LIC

MARK SMITH  |  THURSDAY, 25 AUG 2016
... fund manager founded by Anton Tagliaferro, has flagged its intention to launch a new income focused listed investment company (LIC). The investment strategy of the new vehicle will replicate the successful Investors Mutual Equity Income Fund with an ...

LIC helped by high gold and cash exposure

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Listed investment company Hunter Hall Global Value delivered an investment portfolio return of 12.3% last financial year, outperforming MSCI World by 11.9%. The LIC also produced an after tax profit of $30.5 million. Hunter Hall Global Value chairman ...

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
... in equities markets, "which offset good cost control and long-term outperformance of the funds." Perpetual Private, the company's private wealth advice business, reported six consecutive halves of positive flows and now has $12.7 billion in funds under ...