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| | | ... ongoing fees of their peers. "When combined with lean, tightly managed cost-to-serve models, these higher fees are translating into substantially stronger margins." |
| | | | ... added $0.7 billion to the Airlie business overall, and net inflows added $2 billion of AUM, with consistent wholesale inflows into AASF each month and institutional inflows of $1.7 billion. Total investment management revenue declined by 12% at $245.7 ... |
| | | | Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager. Funds SA is rolling out an AI strategy, aimed at boosting efficiencies and productivity within ... |
| | | | ... obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review into direct sale practices, "notable deficiencies" remain, the regulator expressed in a letter to chief executives. What has not ... |
| | | | ... severing ties with Elanor Investor Group. Fidante, however, did report record inflows in Europe with $1.4 billion coming into the business. Net income for Fidante rose to $133.7 million, with performance fees up 57%, driven by strong performance across ... |
| | | | ... allegedly recommended his clients set up self-managed superannuation funds (SMSFs) and invest most of their retirement savings into the funds. ASIC said Rankin failed to act in the best interests of his clients in doing so, as both funds were speculative ... |
| | | | ... and the abrdn Multi-Asset Real Return Fund has the least at $29.17 million. In winding up, investors looking to re-invest into other Aberdeen products will need to submit the relevant application form by no later than 2pm on September 15, Aberdeen said. ... |
| | | | ... FY25 results. This comes as Chris Maher has been named chief executive, taking over from Damon Reid who has transitioned into the role of chief operating officer to "focus on operational execution and delivery" across the Australian portfolio. Maher ... |
| | | | ... the noise around the Fed independence, around the fiscal position and what I mentioned on growth? "How does that all play into long bonds? Not favourably. And so, I would say our bias is pretty much avoidant of long duration, US Treasuries, and even ... |
| | | | ... around 74% of the combined entity, with existing Platinum shareholders retaining around 26%. "The merger injects new life into Platinum (ASX: PTM), helping to arrest the organic decline of its business by merging with another asset manager that has better-performing ... |
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