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Showing 51 - 60 of 1885 results for margin

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
Two financial advice firms both backed by AZ NGA will merge to provide holistic as well as workplace financial advice. Priority Advisory Group and Wise Planners (which also operates under Lifestyle Financial Services), will operate under Priority's ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
New data suggests that 38% of financial advisers are reporting higher practice profitability. According to Investment Trends' 2023 Adviser Business Model Report, the number of advisers has decreased, but on average those who are left, are servicing ...

Global dividends at all-time highs: Janus Henderson

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
The global dividend landscape experienced a striking uptick in the second quarter of the year with a record-breaking total of $844.7 billion, showcasing an impressive 4.9% growth. Janus Henderson's Global Dividend Index report, a long-term study into ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... with increased profitability and enhanced shareholder returns. "This result, derived from continued strong net funds flow, margin expansion and discipline on directly controlled costs, has improved operating levels," Wamsteker said. He added that July ...

Global X launches US tech ETF

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
... Australian investors with quality value products at cost-efficient rates, allowing investors greater returns by reducing margin intake. "By drawing on resources and synergies across the wider Mirae Asset Financial Group (Mirae), we have been able to ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
Westpac has posted a net profit of $1.8 billion for 3Q23, driven by steady operating revenue and disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
The tech company has developed the first cloud-native, low-code policy administration system (PAS) for the life insurance sector. The regulator-approved solution aims to meet the exacting needs of the insurance sector and can be custom-designed for ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... itself to cohorts in the high-net-worth space. "We expect with the delivery of international equities, foreign exchange, margin lending and unique wholesale options, Edge will be able to tap into other parts of the market," Quirk said. Another key aspect ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... enforcement proceedings against a former Credit Suisse manager. In 2021 Archegos, formerly run by Billy Hwang, defaulted on margin calls from multiple global investment banks, including Credit Suisse. At the time, the bank cut several senior staff members ...

Wealth management ecosystem at critical inflection point: Citi

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... fluid and fragmented regulatory landscape. These challenges are exacerbating current concerns surrounding costs and fee and margin pressures which are leading to consolidation in the industry." Drawing from the insights of 170 participants across wealth ...