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Showing 671 - 680 of 3232 results for "April 2016"

VGI Partners posts $43m in June half profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
The $3.2 billion Sydney boutique posted statutory net profit after tax of $43 million for the six months ending June. VGI Partners' normalised NPAT was $42.9 million for the June half and deducts unrealised fair value gains on investments and adds ...

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
The ASX recorded a 3.6% decrease in statutory profit to $480.9 million as expenses rose to support operating and growth initiatives. Operating revenue grew 1.4% to $951.5 million which it attributed to growth in listings and issuer services. ASX chief ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
Senator Jane Hume has opened another consultation on how superannuation funds disclose their portfolio holdings as part of the Your Future, Your Super reforms. This specific piece of the Your Future, Your Super legislation covers how members' holdings ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
The Delta variant and its seeming immunity to lockdowns and extended lockdowns continue to dominate attention in Australia. Last week, the state of New South Wales (NSW) announced stricter and broader (into regions) of restrictions; the Australian Capital ...

Netwealth hires head of investment solutions

JAMIE WILLIAMSON  |  WEDNESDAY, 11 AUG 2021
As part of a broader strategy to grow its asset management and managed accounts offerings, Netwealth has hired the former head of private wealth at Nikko Asset Management. A spokesperson for Netwealth confirmed Naomi Finnigan has been appointed to the ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
According to Kaizen Recruitment, which specialises in financial services, lockdowns have not cooled a hot job market for finance professionals. The recruitment firm said positive momentum from the first quarter of 2021 only accelerated into the second ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future ...

Contango appoints two distribution leads

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
Contango Asset Management is expanding its distribution capabilities in appointing a new lead and head of retail. Andrew Aitken and Cameron Fitter have joined the ASX-listed fund manager, as first reported by sister publication Industry Moves. Aitken ...