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Showing 931 - 940 of 6746 results for "Profit"

ASX gender targets 65 years away: CEW

ANNABELLE DICKSON  |  WEDNESDAY, 8 SEP 2021
... period and only 18 women hold the position of chief executive. Most chief executives were appointed from line roles with profit and loss accountability and women made up just 14% of those line management roles across the ASX 300. In the ASX 200, the ...

Praemium rejigs executive team

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... said. The changes come after Praemium recorded 105% growth in funds under administration in its full-year results while profit after tax dropped 68%. Praemium recorded $1.5 million in profit after tax down from $4.0 million in FY20. Overall, revenue ...

MySuper continues stellar performance

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... Super, CFS FirstChoice Employer and Telstra Super. Rainmaker's Retail MySuper Index has again outperformed the Not-for-Profit MySuper Index by 3.3 percentage points over the 12-month period. This is the longest sequence of retail out-performance on r ...

Mercer hires regional endowments lead

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... years at Russell Investments, most recently as its head of for-purpose director, where she worked closely with not-for-profit organisations like universities to help grow the client base. She joined Russell in 2010 as a consultant and was promoted to ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
After a recent acquisition, Hancock & Gore (HGL) will relaunch Supervised Investments' fund to wholesale and sophisticated investors. The Supervised Fund, launched by Supervised Investments in November 2007, will rebrand to the H&G High Conviction Fund. ...

Short-termism damaging climate outcomes

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Despite responsible investing becoming the new normal, a panel of experts have argued that short-term thinking is allowing companies to get away with actions that are out of line with action on climate change. Speaking at the Australian Institute of ...

CountPlus takes stake in firm

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... business, including financial planning services," Rowe said. The acquisition comes after CountPlus recorded a 59% drop in net profit to $7.1 million in its full-year results last week. Statutory EBITDA was down 28% to $2.08 million while revenue from ...

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

CountPlus profit plummets

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
The ASX-listed advice and accounting group recorded a 59% drop in net profit to $7.1 million as grandfathered commissions came to a halt and COVID-19 impacted the business. Regulatory reform, namely the FASEA exam, also impacted the business however ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
... results. With net inflows of $1.03 billion during the year driving FUM up to $6.07 billion, the company announced underlying profit after tax of $11.1 million and operating revenue of $58.7 million, up 19% and 18% respectively on the previous financial ...