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Showing 621 - 630 of 14036 results for "Down"

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... second half results. Both the SLN and ARA are being treated as current liabilities at 30 June 2025. Insignia's share price was down close to 3% at the time of writing. The wealth manager is currently fielding several takeover offers and had given Bain ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... sell for more than three times the fee base. However, clients with fees less than $3000 a year are driving average multiples down, the group said. This is because low-fee clients can often command the same amount of work as those paying higher fees ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... professionals as we grow our capabilities." Clime added its transformation, which was achieved in six-months, isn't slowing down. Clime said a "pipeline of opportunities" is in the works, with prospects in negotiation or being explored, as it fine-tunes ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
ClearView Wealth's profit took a blow with its underlying net profit after tax (UNPAT) down 22% to $15.2 million in the six months to 31 December 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. ...

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... specialist research and investment expertise. And despite political rhetoric acting as headwinds, we believe that doubling down on our commitment is essential; political winds are transitory, but without accelerated activity the climate impact will be ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... a claim Perpetual rejects. However, as a result, Perpetual's NPAT for the first half of 2025 plunged to $12 million, down from $34.5 million in the prior corresponding period. Regarding its statutory results, Perpetual recorded a $25.5 million non-cash ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... role in shaping its case against the super fund. Senator Andrew Bragg, reading from the judgement that was recently handed down against AustralianSuper, asked ASIC commissioner Sarah Court about the communications. "You obtained internal communications ...

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
... expenses are "moderating". "We are seeing strong momentum which I expect to continue into the second half of the year, as we bed down our new super administration platform, and retain focus on our strategic priorities," he added. "We continue to focus ...

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
TAL has appointed a new chair to succeed Mark Joiner, who stepped down late last year, while also adding another non-executive director. Former Commonwealth Bank of Australia (CBA) deputy chief David Cohen, a 16-year veteran of the bank, will take over ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... chief executive Jeff Peters. As part of the changes, co-founder and co-chief investment officer Andrew Clifford will step down from his role and assume an investment mentorship role as a member of the Investment Oversight Group (IOG), effective March ...