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Showing 551 - 560 of 22461 results for "Business"

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
... slump of 44% in profits in the first half of 2025 to $9.3 million, dragged by market volatility impacting the broking business. The broking division's revenue across retail and institutional was down 23.5% year-on-year, dropping to $69.4 million. ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
A recent survey conducted by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy will increase the cost of financial advice and may see a significant departure of advisers from the industry. The ...

Rest strengthens data and tax leadership with new hires

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
... fund as general manager of data and insights, overseeing Rest's data analytics and intelligence capabilities across the business. She will report to chief technology and data officer Jermey Hubbard. Chinenova brings more than two decades of experience ...

HUB24 hires head of retail distribution

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
... the platform seeking to strengthen how advisers interact with both technology and client service teams as advice and business scales evolve.

Platinum Asset Management awards back-office mandate to Apex Group

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... to timely data, there is a growing appetite for solutions that are more integrated, digital and adaptable to changing business needs," Bradford said. "Platinum's decision reflects a broader shift across the industry toward outsourcing models that allow ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
... talking about it should be appropriately qualified." Cbus chief executive Kristian Fok welcomed Longo's call and said business models that combine high-pressure sales tactics and the AI-powered targeting of members on social media which cannot be effectively ...

BNP Paribas expands APAC presence with new appointment

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... years' experience at BNP Paribas, having started his career in 2005 within the bank's Australian securities services business. He later headed custody and clearing product for Asia Pacific from Hong Kong SAR, before taking charge of the banks and brokers ...

First Sentier launch Active Cash Fund Active ETF

VINNY VUCAGO  |  THURSDAY, 7 MAY 2026
... diversified liquidity sources across varying market environments. First Sentier Group chief executive Harry Moore said the business continues to assess additional ETF opportunities as investor preferences evolve. "Client needs continue to evolve, and ...

Ten Cap appoints inaugural distribution lead

MATTHEW WAI  |  THURSDAY, 7 MAY 2026
... Ten Cap said. Cheika brings nearly 15 years of experience across the financial services industry. Most recently, he was business development manager at CFS, driving new business opportunities and managing relationships with various clients. He also held ...