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Showing 591 - 600 of 4551 results for "Holding"

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
Madison Financial Group's acquisition of three businesses in the 2023 financial year drove a 12% increase in revenue to $15.4 million. MTIS Wealth Management, Investment Strategists Accounting Services and Ralton Asset Management helped boost the ...

Global dividends at all-time highs: Janus Henderson

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
The global dividend landscape experienced a striking uptick in the second quarter of the year with a record-breaking total of $844.7 billion, showcasing an impressive 4.9% growth. Janus Henderson's Global Dividend Index report, a long-term study into ...

AustralianSuper hires head of international, private equity

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
... team by building its internal capabilities. For the last two years, Hargraves served as AXA IM's head of AXA IM equity, holding overall responsibility for $110 billion of assets and ran a team of around 60 fund managers. AustralianSuper chief investment ...

Future Fund posts 6% return

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
The nation's sovereign wealth fund returned 6% in FY23, with chief executive Raphael Arndt saying markets are under-pricing economic and geopolitical risks. The total funds now invested by the Future Fund stand at $256.2 billion, inclusive of the $60 ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... whether your principal is repaid in full, especially in an uncertain economic environment. Thankfully, the US economy is holding up fairly well so far," Kasser concluded. Financial Standard is the official media partner of the Australian Institute of ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... Credit Management unit generated $120.1 million of revenue in FY23, down 8.7% year on year. Its sale of BCM to LC Financial Holding is due to complete on September 1. While the group made a 5% year-on-year gain in revenue of $1.23 billion, it made a ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
Rest is closing its bonds and shares investment options to new members as of September 30. The $75 billion industry super fund said any request by existing members to switch funds into the bonds or shares options must be received by September 27. However ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... around 2.4 % of GDP in 2022 - 2023 to 5.6% of GDP in 2062-2063. The report indicated that the percentage of individuals holding accounts in the retirement phase, from which they receive a superannuation pension, is set to rise by 11%, surpassing the ...

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... and $19.7 million in cash. Life insurance net-profit after tax rose 38% year on year to $40.4 million. ClearView's 24.4% holding in Centrepoint earned it $700,000. While the group earned an underlying NPAT of $34.5 million, its reported NPAT sank 19% ...

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... analysis. "We look at the total cost of the platform to the client. Other than admin fees, we look at transaction fees, holding fees of different types of assets, interest earned on cash, and family linking benefits," Peker said. SuitabilityHub is currently ...