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Showing 901 - 910 of 7033 results for "December"

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... Renato Mota said. Against that same backdrop, Insignia's FUMA dropped $5.5 billion to $285.1 billion in the six months to December end. However, net flows in the platforms business went up by almost $1 billion, while those in the asset management business ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... first foray into the Hong Kong pensions market. Link also extended its long-running relationship with AustralianSuper in December.

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... disciplined and diligent manner." The news comes as Qualitas shared its impressive financial results for the half year ended December 31 (1H23), up 117% on its net profit after tax. "A combination of significant growth in funds under management (FUM) ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible managers, Gail Glasby and Paul Carcallas, were both banned by ASIC for 10 years. At the time, ASIC ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased to $17.2 billion at 31 December 2022. Underlying net profit after tax (NPAT) grew 87% to $26.6 million and underlying EBITDA was $49.9 million, up 68% on ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
... foreseeable future." It currently has about $28 million in funds under management and was also launched in 2009 - up until 1 December 2022, it was known as the Select Investment Actively Hedged International Equities Fund. According to Rainmaker Information ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... following its acquisition of MLC Wealth. It comes after the appointment of JANA's chief executive Georgina Dudley in December 2022. "Since the initial buyout, JANA has seen significant growth, with funds under advice growing from $350 billion to $1.3 ...

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
... release by AV Super chief executive, Michael Sykes that the fund will merge with the Australian Retirement Trust. Up until December, AV Super had planned a tie-up with CSC. In that event, Brown would have been reunited with his former colleague since ...

One in 10 adults interested in crypto: Report

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
... at least one investment in crypto assets, according to a new report. A survey carried out by Investment Trends in the December quarter last year found about 1.95 million Australians have made an investment, however about 390,000 have since liquidated ...

GQG Aussie inflows up, total FUM slumps

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... the board. Total assets under management slumped 3.5% to US$88 billion ($128bn), according to full-year results ending December 2022 released this morning. The decline transpired to the bottom line as net profit dropped 22% year on year to US$237.9 million ...