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Showing 611 - 620 of 6744 results for "Profit"

Alium Capital enters wholesale market

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
Wholesale investors can now gain exposure to quality technology companies through private markets investor Alium Capital. Previously only available for family office and sophisticated private investors, the Alium Alpha Fund is being made available to ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
Cromwell Property Group (Cromwell) and Hong Kong-based asset manager Value Partners Group have established a joint venture, exchanging on the sale of a 50% stake in the Cromwell Italy Urban Logistics Fund assets. The seven properties that make up the ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
... O'Connor is leaving at the end of this year. O'Connor took the position in February 2013, leaving environmental non-profit the Australian Conservation Foundation and public interest economic consultancy Economists at Large. O'Connor cited ...

Dealer group adopts profit-for-purpose model

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
Spark Financial Group will officially begin operating as a profit-for-purpose organisation with the launch of its Spark Legacy Program. The Melbourne-based dealer group says it will donate 100% of its profits to nominated charity partners, with an objective ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
The government has introduced a new Bill to tackle corporate tax avoidance, particularly among multinational enterprises. The bill mandates enhanced tax transparency for multinational corporations operating within Australia, making it more difficult ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... cover, it said. TelstraSuper head of insurance and claims Fiona La Greca described it as a great outcome for members. "As a profit-for-member fund, TelstraSuper is always looking for ways to improve its insurance offering for our members," she said. ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... Strategy index outperformed the Lifecycle MySuper index across all age groups through the 12-month period. The not-for-profit (NFP) MySuper index maintained its lead over the Retail MySuper index over the past 12 months. The NFP MySuper index returned ...

Australian Retirement Trust names chief of retirement

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... its retirement income strategy, a solid foundation to support members in retirement. I'm looking forward to joining a profit-for-member fund and supporting members through all stages of their superannuation journey." Her appointment completes the ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... half of FY23 is expected to be approximately 21% than the first half, fuelled by higher average FUM. Moreover, underlying profit after tax (UPAT) for the same period is projected to rise by around 30% over the first half result, ranging from $6.3 to ...