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Showing 981 - 990 of 3671 results for "Maintain"

VGI Partners posts $43m in June half profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
The $3.2 billion Sydney boutique posted statutory net profit after tax of $43 million for the six months ending June. VGI Partners' normalised NPAT was $42.9 million for the June half and deducts unrealised fair value gains on investments and adds ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... and its variants becomes history. The reduction in inflationary pressures that this causes gives central banks scope to maintain accommodative policy settings. I prefer a more organic, virus-free growth setting but hey, I wouldn't stand in the way ...

BlackRock adds to APAC leadership

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
BlackRock has named the head of iShares and index investments for Asia Pacific, promoting from within. Peter Loehnert has been appointed to the role, which is based in Hong Kong, and will be responsible for iShares' ETF market share and adoption ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... reports are free from misstatements. "In taking this action against EC Audit, ASIC is sending a message to auditors to maintain a strong culture focused on audit quality and that any serious failure to comply with auditing standards will be prosecuted," ...

UniSuper moves on climate targets

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
The $100 billion superannuation fund is progressing on its commitment to net zero emissions after reducing its exposure to fossil fuels. In latest climate policy update, 40 of UniSuper's top 50 Australian portfolio companies have now set operational ...

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
In its full-year results, Class announced its acquisition of legal documentation software provider, Topdocs but also recorded a significant drop in its net profit. Class is set to pay $13 million for the complete acquisition of the Topdocs platform ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... said. "With Steve's previous experience, I'm looking forward to having him help us drive down costs to members, maintain our record of top performance and expand the range of products, guidance, advice and education services that we can provide." ...

Sydney Airport rejects AustralianSuper takeover

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... said. "It has rapidly adapted to the COVID environment, strengthening its balance sheet and tightly managing costs to maintain flexibility to respond to a range of recovery scenarios and pursue sensible growth opportunities as the recovery unfolds."

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
La Trobe Financial Group has launched two products in a bid to combat the low interest rate environment. The first product, the 6 Month Notice Account, with a variable rate of 2.50% p.a. calculated monthly allows investors to access their funds with ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
The managing director and chief executive of Challenger will step down in March 2022, while a deputy chief executive has also been named. Richard Howes has been with the company for 18 years, starting as the chief executive of Challenger's life ...