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Showing 41 - 50 of 573 results for "Year End"

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Bravura has delivered an underlying net profit of $11.3 million in 1H25, up $13 million compared to 1H24. Following the turnaround in financial performance, Bravura said it is now able to recommence dividend payments. In addition, a special dividend ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's Consumer Price Index (CPI) release, Vanguard suggests inflation is continuing to decline within a ...

GQG ends year with $32.7bn net inflows

ANDREW MCKEAN  |  THURSDAY, 9 JAN 2025
GQG Partners experienced net inflows of US$20.3 billion ($32.7bn) for the full year ending 31 December 2024, nearly double the US$10.2 billion it netted in 2023. Of the total inflows last year, US$2.8 billion came in the fourth quarter - this is despite ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
Iress has reaffirmed its FY24 guidance of $126 million to $132 million adjusted EBITDA and said it expects it will achieve full-year earnings towards the top end of the range. Iress chief executive and managing director Marcus Price said the company ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... qoq, enabling it to possibly start cutting in February but by May at the latest taking the cash rate down to 3.6% by year end." Oliver said global growth is likely to slow in 2025 to just below 3% and will likely strengthen in the second half helped ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Australian Prudential Regulation Authority (APRA) released its quarterly superannuation performance publication and quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
Macquarie Group has posted a net profit of $1.6 billion for the half year ended September 30, marking a 14% increase from the previous corresponding period. Macquarie managing director and chief executive Shemara Wikramanayake said improved performance ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... transitions following corporate activity. It anticipates a further $1.4 billion in outflows for the same reason before year end, it said. As for the asset management business, FUM increased marginally to $90.8 billion, up 1.6%. However, there was also ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... million. The strong level of gross inflows was assisted by a return to conventional lower seasonal outflows post tax year end. The acquisition of OneVue saw $4.1 billion added to FUA and grew to $4.2 billion as at September 30. "We are on-track with ...

Harvard endowment delivers 9.6% return, hits $53.2bn

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
Harvard University's endowment has delivered a 9.6% return for the fiscal year ending September 30, bringing its total value to $53.2 billion. The endowment, which targets an 8% annual return, has achieved an annual return of 9.3% over the seven years ...