Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 811 - 820 of 8180 results for "Performance"

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... acquisition will immediately contribute to profits, as well as preferred dividends in FY25 and FY26 and potential performance fees. Under the deal, Magellan will distribute Vinva's Australian and global shares products and strategies around the world ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... 9000 members and around $2.6 billion in assets under management, to address data concerns ahead of the superannuation performance test. The action came after the prudential regulator identified issues with the accuracy and completeness of data submitted ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... understand the role these sub-asset classes play in their clients' portfolios, including product features which can impact performance, liquidity, and fees." He added that the partnership with Preqin is the first step in the platform provider's commitment ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
APRA's annual superannuation performance test fails to consider results where it truly matters - at the member level - and ends up missing the mark on ensuring positive member outcomes, according to a financial advice expert advocating for better ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... our cost base and focusing on our clients and our people, with the business returning to cash EBITDA profitability performance, ahead of forecasts," Bravura non-executive director Russell Baskerville said. He flagged that there is "more work to do". ...

New mandate boosts JANA's wealth division

MATTHEW WAI  |  WEDNESDAY, 14 AUG 2024
... Wealth's clients at exceptional value." JANA's services will include portfolio construction, risk management, and performance monitoring under the arrangement. Investor Wealth's director John Cesario referred to JANA's position in the ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... its FY24 results released today. The financial services group said its NPBT result was driven by an ongoing strong performance in Challenger Life - its retirement income business that sells term and lifetime annuity products - and a "disciplined approach ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
Major acquisitions, including the takeover of Millennium3, helped WT Financial Group (WTL) boost performance in the 2024 financial year. Releasing preliminary results this morning, WTL founder and managing director Keith Cullen said revenue for the ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... by 29.4% to $17.6 billion, while the relaunched Accelerator Core product recorded net inflows of $476 million. The performance led to $249.5 million in revenue generated by the platform business, up 18% on the prior corresponding period. Netwealth's ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... (Managed Fund) with $8.81 billion, and Vanguard MSCI Index International Shares ETF with $8.56 billion. But in terms of performance, the top products in July were the iShares S&P Small-Cap ETF (13.5%), VanEck Gold Miners ETF (13.4%), and Global X 21Shares ...