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Showing 41 - 50 of 927 results for "half-year"

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
HMC Capital's slew of acquisitions skyrocketed assets under management (AUM) by 45% in the half year to December to $18.5 billion. At the rate it is going, the alternatives fund manager expects to double AUM to $50 billion over the next three to ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
... last year. The special dividend will be 8.92 cents per share - totalling $40 million - and the interim dividend for the half year ended 31 December 2024 will be 1.6 cents per share - totalling $7.2 million. The dividends, along with the company's capital ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... Holdings, and Antipodes' takeover of Maple-Brown Abbott. Excluding acquisitions, FUM rose by $17.3 billion or 16% in the half year to December 2024. Among the clients, Australian institutional FUM rose by 19.6% to $75.2 billion, while retail FUM grew ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... under advice driven by favourable market movements." Perpetual said it expects to recognise performance fees in its 2025 half year financial result of around $15.9 million for the six months to December 31 - this is a significant leap from the $5.4 million ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
... market share gains of all platform providers. Its market share increased to 7.9% up from 6.6% in September last year. "Half year net inflows of $9.5 billion reflect HUB24's continued market leadership and focus on delivering customer service excellence. ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
JBWere is launching two active fixed income products, backed by UBS Asset Management (UBS AM), to provide wholesale clients access to domestic and global credit options amid growing demand for the asset class. The product suite, which includes the UBS ...

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 ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
Tribeca Investment Partners portfolio manager Jun Bei Liu is taking her top-performing $1.5 billion long-short equity fund to set up a new shop. Liu is effectively taking the Tribeca Alpha Plus Fund in a management buyout with the "blessings" of Tribeca ...