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Showing 831 - 840 of 8460 results for "Managed"

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... Lonsec Investment Solutions, which assists dealer groups and independent financial advisers in establishing diversified managed portfolio and separately managed account solutions, FUM increased 21% to $10.6 billion. GDG said Lonsec will focus on building ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... to be in the range of $8.38 to $9.82 per share, Perpetual said. "As a group, these three high-quality businesses have managed through the challenging environment. The planned demerger of our wealth management and corporate trust will provide each business ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... strategic priorities. The most significant change will see APRA move to having its five industry supervision groups being managed in two supervision divisions instead of the current three frontline supervision divisions - banking, superannuation, and ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which led and managed the deal. Pluralsight's circumstances since deteriorated significantly, and while options to preserve its equity value ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... information from his clients concerning the true nature of their investments. In some instances, he took money from their self-managed super funds (SMSFs) without their knowledge or consent. He advised his clients their money was in the Australian Diversified ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... for Sequoia at an industry level and in-fighting within its management ranks, the licensee and adviser services division managed to report a 27% rise in revenue and operating profit growth of 91%. Sequoia liquidated its troubled advice firm Libertas ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... period, Jayaweera induced investors to invest in the Australian Diversified Sector Income Fund (ADSIF), an unregistered managed investment scheme. Many of the investors contributed to ADSIF through their self-managed superannuation funds. He advised ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... Charter Hall in return for $96.9 million and a $6.1 million fair value gain. It also sold its remaining non-real estate managed fund, 360 Capital CardioScan Trust, including its 53.6% co-investment to generate $3.7 million in gains. 360 Capital chief ...

IMAP names award winners for 2024

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
The Institute of Managed Account Professionals (IMAP) presented its annual awards overnight, shining a spotlight on some of the best in managed accounts. The awards recognised companies across nine categories, with a few standing out for their consecutive ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... Flexicommercial, which is set to acquire up to $1 billion worth of commercial asset finance loans via MA Financial's private credit managed funds. In what it's calling an "Australian first co-lending deal", MA Financial's private funds will have access ...