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Showing 911 - 920 of 6744 results for "Profit"

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... forced to disclose exact values of directly held assets, a Senate Committee report recommended. Figure 1: Workplace not-for-profit and retail super fund fees vs. Future Fund fees

Kilter wins $70m mandate

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... Australian agriculture and water assets on behalf of the client. Established in 2004, the fund manager aims to deliver profit with impact by investing at scale in the regeneration of farmland, water and environmental assets. In 2019, it won the Australian ...

Green office buildings command 18% premium

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Institutional property investors might be able to flip entire office buildings for a profit as effectively as renovation-loving homeowners, so long as they go green. That is according to new research from Knight Frank, which found office buildings in ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... Australians with a MySuper account currently pay less than $30 billion a year in fees after a year of reductions across not-for-profit and retail super funds. In the last decade, super fees have fallen by a quarter, with about half of the action taking ...

ASIC looks to extend CFD intervention

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
... 45% fewer loss-making retail client accounts compared with the quarterly average in the prior year, whereas the number of profit-making retail client accounts reduced by only 4% across the same period. ASIC added that its intervention improved the portion ...

Pendal FUM rises despite mandate losses

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... executive Nick Good said there was significant volatility in client sentiment leading to re-balancing of portfolios and profit-taking, giving rise to outflows in a range of channels and strategies. On the other hand, Pendal recorded net inflows into ...

Digital advice firm hires for institutional strategy

ANNABELLE DICKSON  |  WEDNESDAY, 13 OCT 2021
... board," Ignition chief executive Asia Pacific Craig Keary said. "His experience spans both the private sector and not-for-profit organisations, and includes fast growth start-ups through to major institutions, which will stand Ignition in good stead ...

TPT Wealth builds out team

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
The trustee and wealth management business of MyState Group appointed two senior managers as it aims to grow its funds under management. Joe Youssef joined as senior manager, wholesale and Trev McCallum has taken on the role of senior manager, wholesale ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... sector as significantly overvalued overall," Morningstar analysts said. Financials performed well in the last quarter and profit growth is expected to be weak in the short-term due to credit growth and cost-cutting, but rising interest rates are set ...

Magellan cops $4bn drop

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
... High Conviction Trust after it was opened as an active ETF. The figures come after Magellan reported a 33% drop in its net profit after tax to $265.2 million in FY21, as its performance fee revenue slid 63% and recent investments drew a loss of $41.8 ...