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Showing 81 - 90 of 7276 results for "Performance"

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... Magellan, saying it is a fund manager she has long "admired for its focus on clients and strong historical investment performance." Executive chair Andrew Formica will remain in this role to ensure continuity and stability, Magellan said. He will focus ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... market outperforms some key international markets - precisely what happened in 2021-22 relative to the US." SMSFs' performance was also attributed to a significant number of trustees adopting defensive asset allocations and asset classes. SMSF Association ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... in helping drive our focus on future-readiness, championing healthier, longer, and better lives, and achieving high performance." According to recent data from APRA and ASIC, AIA is the second largest player in the group insurance sector in Australia. ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... management unit's assets grew 9% to $108 billion thanks to institutional net inflows of $6.5 billion and market performance. The group's net income rose 9% to $447 million, while its normalised NPAT of $201 million was up 20% year on year.

Colonial First State launches new offering to advisers

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... acknowledged that advisers are searching for practical solutions when it comes to people management and building a high-performance team. He added that practices are interested in finding ways to automate their processes to improve efficiency and provide ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... concerns at 52%, with war and terrorism at 50%, and central bank errors at 36%. Yet, 56% remain optimistic about market performance, tempered by high uncertainty and risks. Concerns over valuations not reflecting fundamentals are held by 69%, and 65% ...

J.P. Morgan Asset Management enhances adviser portal

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... own company logo. The tool, known as dPI, is customisable, allowing advisers to run and compare a portfolio's performance and exposures, as well as compare it to a suggested portfolio and/or benchmark. The tool has been available to advisers in the ...

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... related to Keystone; and contain misleading statements about how diversified the fund is. ASIC also said potential performance fees are not adequately disclosed; inappropriate asset classifications to describe investments in the underlying funds and ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... experience," Chronican said. "The customer is front and centre for Andrew. He has lifted our business and private banking performance and been a tireless advocate for the agriculture sector, small business and First Nations business." At the same time ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... year on year to $23.7 million, while net profit after tax was steady at $30.2 million. As flagged in early January, performance fees earned by affiliates contributed $12.3 million to NPAT. Pinnacle also announced that it wrote down $3.4 million for its ...