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Showing 711 - 720 of 4737 results for "Distribution"

Platinum AM chief executive steps down

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
... billion for FY23 down from $18.2 billion in the prior year. The asset manager said the dip was caused by an annual net distribution outflow of $400 million. Revenues fell by 6.6% to $216.4 million, while the group's profit before tax was $116.8 million ...

SG Hiscock partners with US fund manager

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... Management Securities. SGH has also recently entered a partnership with abrdn in which the former is the wholesale distribution partner for international funds in the Australian market. In 2017, First State Super awarded a large mandate to EAM Global ...

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... increased 11% to $305.9 million, while total in-force premiums increased 9% to $339.3 million. The ASX-listed firm has a distribution network with over 900 dealer groups comprising of 4000 advisers. ClearView handed over its financial advice business ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... Charter Hall FY25 earnings guidance is for post-tax operating earnings per security of approximately 75 cps. FY24 distribution per security guidance is for 6% growth over FY23.

Watershed Funds Management appoints head of distribution

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
Watershed Funds Management has welcomed Lydia Pearson as its head of distribution, responsible for leading its engagement with financial advisers and licensees. In the newly created role, Pearson reports to Watershed's managing director Adam Rowley. ...

ASIC appeal in CBA, CFS case dismissed

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... of that decision has also now been dismissed. The case was first brought by ASIC in June 2020 and related to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019 in ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
ASIC has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel ...

MLC Life backs adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... with Risk Hub and continue to help advisers give high-quality, strategic risk advice. MLC Life general manager of distribution Mike Downey added the importance of risk advice in Australia has never been higher. "... and we're excited to partner with ...

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... will operate under the leadership of Paul Uhlman, the president of Federated Securities Corp; he oversees global distribution. "Under Clive's leadership we will seek to scale our sales and business development activities across EMEA and APAC bringing ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... the impact of the pandemic," Rainmaker said. "But since then, it has fully recovered." Looking at the three primary distribution channels - being retail, group and direct - Rainmaker found the dominant channel in 2022 was super funds, accounting for ...