Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 176 results for "Ord-Minnett"

HUB24 lifts inflows, profit flat

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
... $16.4 million. Total FUA which includes the newly acquired Portfolio Administration and Reporting Service (PARS) from Ord Minnett, reached $31 billion. HUB24 chief executive Andrew Alcock said the results show HUB24 continues to set new records. "Our ...

Ord Minnett expands footprint

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... investment adviser and branch manager Luke Rybarczyk, previously a client adviser at Bell Potter for nearly 10 years. "Ord Minnett was the right choice for our clients given a strong history of servicing a wide range of private clients large and small," ...

Ord Minnett adds to team

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
Ord Minnett has announced seven new appointments, including a Deutsche Bank director to its institutional equities sales team. Ashley Cox joined the firm on January 18 in institutional equities sales. In his most recent role, he was a director at Deutsche ...

Barrenjoey hires from Ord Minnett

KANIKA SOOD  |  WEDNESDAY, 20 JAN 2021
... the role for Barrenjoey Capital Partners. Nicholas McGarrigle will join Barrenjoey as an analyst. McGarrigle joined Ord Minnett in 2010 as a research associate and moved up to head of institutional research in May 2015. Prior to this, he worked as an ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
HUB24 picked up $1.7 billion net inflows, 24 new licensee agreements and 113 advisers in the December quarter. The $1.7 billion in net inflows is 26% higher than the September quarter and 37% higher than the December 2019 quarter. Meanwhile, strong ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
Ord Minnett has acquired E.L. & C. Baillieu for an undisclosed amount in what it describes as "a highly welcomed strategic move". Announced yesterday, Ord Minnett said the acquisition will strengthen it as one of Australia's largest, independent private ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
HUB24 announced a series of significant transactions, including plans to acquire Xplore Wealth and the sale of its financial advice business. Paying $60 million for Xplore, the platform provider said the proposed acquisition through a scheme of arrangement ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... clients. It flagged cash balances may fall as percentage of the FUA depending on COVID-19 related market volatility. Ord Minnett called the result "solid against [COVID-19] backdrop" but still has the stock on sell given its greater than 60x PE for FY21 ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... making inroads into global distribution with about $4 billion now raised from overseas clients. A research note from Ord Minnett this week reiterated a buy on PNI. "Strong mark to market with this update which we expect to extend across consensus at ...

HUB24 wins out over Netwealth: Ord Minnett

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... businesses finished FY20 with strong inflows, but Netwealth is overvalued while HUB24 offers a superior growth rate, says Ord Minnett. HUB24 had $17.2 billion of total funds under administration for FY20 while Netwealth had $31.5 billion. Both finished ...