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Showing 61 - 70 of 342 results for %22June Smith%22

Hunter Hall director steps down

MARK SMITH  |  TUESDAY, 16 AUG 2016
... him and wish him well for the future." Hunter Hall saw its after-tax profit rise 86.8% to $7.8 million in the year to 30 June 2016.

Antipodes LIC aims to raise $200m

MARK SMITH  |  MONDAY, 15 AUG 2016
... outperforming the MSCI All Country World Net Index (-0.6%). It also ranked second out of a pool of 54 global equity funds in the June 2016 Morningstar Australian Institutional Sector Survey. The initial public offering is seeking to raise up to $220 ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
... profit increase 14% to $198.4 million in the last financial year. Funds under management rose 11% to total $40.5 billion at 30 June with 83% of assets in global equities and 17% in infrastructure equities. Earnings per share increased 13% to 115.5 cents ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
... division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit after tax for the full year ended 30 June 2016 was $617 million, down ...

Super funds return three per cent

MARK SMITH  |  TUESDAY, 9 AUG 2016
Superannuation funds have returned an average of 2.9% for the 12 months to 30 June as measured by the SelectingSuper workplace default option MySuper Index, propped up by property and fixed income. The SelectingSuper workplace default option MySuper ...

WAM Research achieves record outperformance

MARK SMITH  |  MONDAY, 8 AUG 2016
... investment company WAM Research has reported record outperformance of 23.5% and healthy profit growth for the 12 months to 30 June. The investment portfolio increased 25.5%, outperforming its S&P/ASX All Companies All Ordinaries benchmark by 23.5%. The ...

Greencape wins top Zenith rating

MARK SMITH  |  MONDAY, 8 AUG 2016
... annum (net of fees) outperformance over its benchmark (S&P/ASX 200 Accumulation Index) since inception in 2006 (as at 30 June 2016). The Greencape Wholesale Broadcap Fund comprises a combination of between 45 and 70 stocks with large, mid and small market ...

BetaShares launches new sector ETFs

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... Australian market. MNRS aims to track an index comprising of 40 of the largest gold miners outside of Australia. As of the end of June 2016, this index had a combined market capitalisation of $308 billion - significantly more than the combined value ...

Aligned advisers return to UK

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... step back into advice was driven by new pensions freedoms announced by then Chancellor the Exchequer George Osborne in the June 2015 Budget. The new measures meant that from April 6, instead of being required to buy an annuity with their pension pot ...

Magellan eyes 'exponential growth' from second machine age

MARK SMITH  |  TUESDAY, 2 AUG 2016
... his sights on more exciting long-term trends to add value over the coming years. Lloyds Banking Group fell 23% between 22 June and 30 June in the immediate aftermath of the UK referendum on EU membership, while the pound fell 10% against the Australian ...