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Showing 511 - 520 of 6771 results for "Profit"

BlackRock iShares adds to factor ETFs

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2024
... Quality Sector Capped Select Index, investing in large- and mid-cap global companies with healthy balance sheets, decent profit margins, and consistent year-on-year earnings growth. Finally, iShares MSCI World ex Australia Value ETF (IVLU) tracks the ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... and Longwave quadrupling assets to $700 million. The group's revenue grew 4% year on year to $23.7 million, while net profit after tax was steady at $30.2 million. As flagged in early January, performance fees earned by affiliates contributed $12.3 ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... killed 30,676 Palestinians in the Gaza Strip - of which 12,040 are infants and children - according to Geneva-based non-profit Euro-Med Human Rights Monitor. Last December, major news outlets reported that US President Joe Biden bypassed Congress twice ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... to pre-position the bank to execute the transaction. On the day the saw was executed, Westpac's trading desk achieved a profit of $20.7 million. Close to $ million was paid to the sales team as commission. The Federal Court declared the conduct was unconscionable ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
A US court and the Securities and Exchange Commission (SEC) have slapped charges on three individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). ...

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... things, and investors want to know how to participate or understand these events. "There is an opportunity for investors to profit from this volatility instead of worrying about it or focusing on the negatives." While Davis anticipates Farrer's investors ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... Bank which has long held the title of the most trusted bank in Australia and topped customer satisfaction surveys. With a profit-for-purpose social enterprise model, Bendigo has enjoyed a better reputation than its Big Four peers because of its culture ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
abrdn will cut 10% of its workforce as part of a cost cutting exercise following significant outflows in the second half of 2023. The fund manager is targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
BWP Trust (BWP) and Newmark REIT Management, the responsible entity for Newmark Property REIT (NPR), have agreed to merge, subject to shareholder approval. Under the proposed merger, real estate investment trust BWP will offer to acquire 100% of NPR's ...

JANA wins another NFP mandate

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
Investment consultant JANA has scored a mandate from a charitable organisation that is the steward of some $1.6 billion in assets. Uniting Financial Services (UFS), the lending and investment arm of the Uniting Church Synod of New South Wales and the ...