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Showing 921 - 930 of 8993 results for "ASX"

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant increase on the prior corresponding period. It was largely the result ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
ASIC is further clamping down on the ASX to ensure that it successfully comes through on replacing CHESS after botching its attempt to overhaul it with blockchain. Following Accenture's external review into the 25-year-old settlements system, ASIC ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... YouTube to apologise to investors, whose money was trapped in the fund as it faced liquidity issues. Link announced to the ASX today that its UK business Link Fund Solutions Limited (LFS), the trustee of the fund, is due to settle the Financial Conduct ...

BlackRock cuts fees on iShares ETFs

CHLOE WALKER  |  MONDAY, 20 FEB 2023
BlackRock Australia is reducing fees on two of its iShares ETFs, the iShares Core S&P / ASX200 ETF (IOZ) to 0.05% or five basis points (bps) and iShares Core Composite Bond ETF (IAF) to 0.10% or 10bps. This is a reduction of 44% and 33%, respectively. ...

GQG Aussie inflows up, total FUM slumps

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... our first full year of being listed we saw that outcome." The active fund manager, headquartered in the US, listed on the ASX in late 2021. One of its four funds, the Emerging Markets Equity fund slumped 21% over one year in terms of total return, was ...

Magellan profits down 67%

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
... statutory net profit after tax of $83.8 million for the second half of 2022 - down 67%. The group reported the drop to the ASX this morning, though did declare an interim dividend of 46.9c per share, 85% franked. It's also seen a 52% reduction in funds ...

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... Evans could face up to 10 years in prison following ASIC allegations that he communicated inside information about the former ASX-listed company. Evans, also known as Richard Simon Evertz, was represented by his lawyer in the Downing Centre Local Court ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... $12.2 billion, a 9.5% increase over the same period. Netwealth's number of client accounts also increased to 121,032. In an ASX announcement, the company said that it continues to gain market share with a strong pipeline and high win rate for new business ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... offering has allowed our business to largely withstand market conditions, with total FUM remaining stable over the half." In an ASX announcement, the company also said it's accelerating growth and diversifying revenue streams through strategic partnerships. ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... see consensus earnings risk to the downside, are Insurance Australia Group -4.2%, AMP 7.1%, Australian Securities Exchange (ASX) -23.0% and QBE Insurance 4.0%. "Over the next week, another 30% of companies are due to report, and thus a more fully formed ...