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Showing 831 - 840 of 6744 results for "Profit"

T. Rowe Price appoints new chief operating officer

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Global asset management company T. Rowe Price Group has announced Kimberly Johnson as chief operating officer, effective 29 April 2022. Johnson will serve on the management committee and will report to chief executive and president Rob Sharps. As chief ...

Boys' clubs cost companies: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... bad news for company performance. Companies with more diverse senior management teams were found to have about 30% higher profit margins on average than companies with lower gender diversity in any given year. The study also found that more diverse senior ...

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... police officer with the Western Australia Police Force and has held other positions in the public, private and non-for-profit communities. He has been a board member of the Gaming and Wagering Commission of WA and director of Dobson Financial Planning. ...

ART hires from Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... Cbus for seven years. Prior to that, she spent almost a decade in various environmental risk roles with GE Capital. "As a profit-for-members superannuation fund, we believe integrating environmental, social and governance (ESG) factors into our investment ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
In his reply to the 2022 Federal Budget, opposition leader Anthony Albanese has promised cheaper childcare and an investment in renewable energy. Like Treasurer Josh Frydenberg, Albanese focused much of his Budget reply speech on the cost of living. ...

New scaled advice offering launches

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
A new digital, scalable financial advice solution has launched to help advisers cater to those who don't require a comprehensive offering. Scientiam, founded by Arch Capital managing director Nigel Baker, aims to assist advisers in servicing clients ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... strategies, the research house is upbeat about the future of the embattled fund manager. It expects Magellan's underlying net profit after tax to decline just 9% per year over the next three years to $315 million from $413 million in fiscal 2021. ...

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
Following speculation, Brookfield Asset Management has announced an agreement to acquire La Trobe Financial for $1.5 billion. The valuation includes a contingent payment tied to the business achieving certain performance milestones. La Trobe Financial ...

HESTA pushes forward with internalisation

ELIZABETH MCARTHUR  |  THURSDAY, 17 MAR 2022
... my horizon," Sawtell-Rickson said. Internalising management means the fund can keep costs down, especially as a not-for-profit fund, as it limits the amount of fees it pays to fund managers which each take a profit margin. However, bringing more asset ...

Half of retail investors will go the distance

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
Only half of retail amateur investors would stay the course if the market experienced a 20% correction or more, a new survey shows. Out of 3700 traders canvassed in Superhero's latest survey, 53% said they would stick with their investments during market ...