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Showing 51 - 60 of 4254 results for %22SCA%22

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
The corporate regulator says it has shut down about 3500 investment scam websites since July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million ...

HNWI collecting activity stoops: Knight Frank

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
Despite a slew of record-breaking sales, luxury investment markets weakened in 2023, according to the Knight Frank Luxury Investment Index (KFLII). For only the second time, the KFLII, which tracks the performance of 10 popular investments of passion ...

Aware, Macquarie partner on green finance

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Aware Super has inked a US$50 million deal to buy a specialty infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG). Aware's private equity team will co-invest in Galway Sustainable Capital ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
The median gender pay gap on base salaries across financial services is 23.6%, according to the Workplace Gender Equality Agency (WGEA), with individual employer pay gaps reported for the first time as part of the government's strategy to solve ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
Centrepoint Alliance is working to launch a new, "competitively priced" IDPS and superannuation platform, a strategic initiative outlined as it posts $140.5 million in gross revenues for 1H24 and $4.9 million in profits. Centrepoint said it has partnered ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Iress has offloaded its platform business with $4 billion in funds under advice (FUA) to another ASX-listed firm. Praemium will soon be the new owner of Iress's OneVue Platform Business (IOPB), agreeing to pay $1 million in cash and an additional ...

Wingate-backed non-bank lender prices $1bn RMBS

CHLOE WALKER  |  MONDAY, 26 FEB 2024
A local non-bank mortgage lender, backed by Wingate, has priced the largest inaugural residential mortgage-backed securities (RMBS) public term issuance of its kind as it readies to launch a retail fund. The transaction is said to be the largest inaugural ...

Australian Ethical posts strong half-year result

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
Australian Ethical has reported a strong half-year financial result, with revenue increasing by 33% to $48.5 million and its underlying net profit after tax (UNPAT) jumping 71% to $8.5 million. The ethical investment firm's funds under management ...