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Showing 51 - 60 of 927 results for "half-year"

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
... Accumulation Index, giving an annual growth rate of 11.8% increase from 1 July 2023 to 30 June 2024," Huang said. "The half year to 30 June 2024 has seen inflation fears start to recede, weak economic growth and market adaption to global risks. Equity ...

Cbus advice lead jumps to Aware

ELIZABETH FRY  |  FRIDAY, 6 SEP 2024
After three and a half years at the industry superannuation fund for construction and building workers, Lynda Cross has joined Aware Super as head of guidance. Reporting to Peter Hogg, general manager of guidance and advice, Cross will lead the super ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
Bell Financial Group posted a net profit after tax of $16.6 million for the half year to June 30, a 50% increase on the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
A former fund manager who went to jail for misappropriating client funds had an appeal quashed. The Queensland Court of Appeal has dismissed an application by Roger Munro against his conviction on three counts of fraud. Munro was sentenced to four and ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... concessional and non-concessional superannuation contributions, the most common topics raised by AMP's adviser network for the half year ending June 30 included innovative retirement income streams, navigating limited recourse borrowing arrangements ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
Clime Investment Management will sell Madison Financial Group and managed accounts platform WealthPortal to Infocus for $2 million. The sale is part of Clime's strategic decision to focus on its funds management and private wealth businesses and ...

S&P/ASX200 tipped to hit 8300: VanEck

KARREN VERGARA  |  TUESDAY, 23 APR 2024
The S&P/ASX200 is set to rise nearly 10% to 8300 by the end of the year, VanEck predicts, as Australia will also continue to avoid the "most anticipated recession" that never happened. Australia's blue-chip stocks are poised to surge further after ...

Bell Asset Management announces new chief executive

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
Bell Asset Management (BAM) has announced its new chief executive after commencing the search back in January. Michael Lovett will join BAM as chief executive, effective April 15. He was most recently head of superannuation at Vanguard, where he spearheaded ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... at least $25 million in annualised run rate savings which represents a 26% reduction in the company's annualised half year expense base of some $96 million. Such savings will likely materialise in the June quarter and "generate a material impact" ...