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| | | ... on year. Macquarie Wrap's managed accounts offering saw a 33% jump in funds under administration to $10.5 billion. Overall, Macquarie Group recorded a net profit of $5.2 billion, up 10% on FY22. Some 71% of its income came from abroad. Macquarie ... |
| | | | ... exited the sector. The number of aligned financial advisers fell by 12%, while the non-aligned segment fell by just 6%. Overall, there are 10,315 active non-aligned advisers comprising 64% of the sector. Synchron Advice is the largest non-aligned licensee ... |
| | | | ... opportunities in the medium to long term. Each ASX200 company is sub-rated on three factors: valuation, quality and momentum. The overall rating is an equal weighting of the three. The ratings are overseen by analyst Otto Reith, alongside SQM managing ... |
| | | | ... from putting some of that investment at risk of volatility can reduce the amount of income they're able to receive overall, or how long that income will last." |
| | | | ... finalising the leadership and regional structures, with expectations the process will be largely complete by May end. It said overall client engagement has been possible, with key senior distribution appointments announced or expected to be announced ... |
| | | | ... managing exposures and extracting returns from issuer and security selection remains a point to watch. The slightly damped overall view here is attributable to shifting relativities among its cohort," Morningstar said. Finally, the Vanguard Diversified ... |
| | | | ... channel, Insignia said. As at March end, Insignia had 1241 advisers across Advice Services, down from 1278 at December end. Overall, the business saw 42 advisers leave in Q3. Insignia said it is continuing to refine its advice business proposition, adding ... |
| | | | ... such as transferring members to lower fee products or fund consolidation, to improve outcomes for members," she said. Overall, two-thirds of Choice products that are closed to new members performed significantly worse relative to the heatmap benchmarks. ... |
| | | | ... However, Burgess said, what this report and the research released last year for the period 2017-19 shows, is that from an overall SMSF sector perspective, there is no systemic underperformance when compared to APRA-regulated funds. "The research couldn't ... |
| | | | ... funds. It also holds $3.8 billion FUA with the Madison network and $0.5 billion on its WealthPortal platform. Despite an overall increase in profits, Clime's IMAs dropped 2.3% from $526 million to $514 million, as well as its managed funds and mandates ... |
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