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Showing 951 - 960 of 6744 results for "Profit"

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
... about putting members first. "Our goal is to help our members achieve the best retirement outcomes," Cantor said. "As a profit-to-member fund, we are committed to passing on cost savings directly to our members where possible." He said the fund is also ...

Charter Hall profit, inflows rise

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
Charter Hall's net profit grew 37.8% to $476.8 million while the group's managed funds grew by 29% in its full-year results. Charter Hall's revenue rose 20.6% to $668 million and recorded operating earnings of $284.3 million. Managed funds grew by $11.7 ...

VGI Partners global LIC posts 25.6% returns

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
VGI Partners Global Investments reported a net profit after tax of $153.9 million and portfolio returns of 25.6% for FY21. The LIC targets 10-15% p.a. through the cycle and holds a concentrated long and short portfolio, with the top five holdings accounting ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
The Perpetual Equity Investment Company (PIC) delivered its strongest net operating profit result to date at $108.4 million and outperformed the benchmark by 13.9%. The turnaround in profit comes after PIC delivered a negative net profit in FY20 at ...

Super unit boosts Equity Trustees performance

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... growing by $19.1 billion to over $100 billion. Overall, the firm saw revenue rise 5.9% year on year to $101 million. Net profit after tax increased 12.1% year on year to $21.5 million. "The results were achieved even as we continued to invest in the ...

Netflix insider trading ring charged

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... complaint. "We allege that a Netflix employee and his close associates engaged in a long-running, multimillion dollar scheme to profit from valuable, misappropriated company information," SEC San Francisco Regional Office director Erin Schneider said. ...

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... reported operating cash flow of $1.1 million, up from negative cash flow of $147,000 thanks to the increased revenue. Gross profit margin for the platform increased from 33.4% to 41.4% in the 2021 financial year. It launched US trading in December 2020 ...

360 Capital winds up listed equities business

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... in the company but had to drop the takeover bid in April. It has since offloaded its EP1 stake, which it says, netted a profit of $9.1 million or an IRR of 54%.

Perpetual hires distribution lead, ramps up expansion

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... deliver up to expectations. While its AUM was 8% higher year on year, revenue of $165.7 million was down 5% and underlying profit before tax of $42.2 million saw a 24% decline. "While it has been disappointing to see continued net outflows during the ...

Pinnacle hires from Schroders

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... Management. Its global equities boutique partner Antipodes had investment staff in London. PNI reported a 108% increase in net profit after tax to $67 million in FY21, after strong inflows and good performance. Its boutique partners' total FUM at ...