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Showing 1 - 10 of 219 results for "Fortune"

Active equity managers underwhelm in 2025: SPIVA

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
While 2025 was ripe for stock picking and active fund managers thanks to dispersion widening, according to the latest SPIVA Scorecard, the majority still failed to beat the benchmark. Australian active managers' performance in 2025 proved to be "underwhelming," ...

AWAG partners to form $240m wealth business, names principal

MATTHEW WAI  |  WEDNESDAY, 28 JAN 2026
... Wealth. He brings close to 40 years' experience across the financial services industry and was the chief executive of Fortune Financial Advice and Fortune Financial Accountants for more than 12 years. "This is the second transaction of its kind completed ...

FEATURE | Agriculture: Golden soil

KARREN VERGARA  |  FRIDAY, 28 NOV 2025
... author Donald Horne provides a piercing assessment of Australia in 1964, stating that its prosperity is derived from good fortune rather than industriousness or ambition. He ruminated about the future challenges Australia would face economically if it ...

Platinum, L1 merger to help fight 'organic business decline'

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Platinum's potential merger with L1 Capital - which saw the two parties enter a merger implementation deed earlier this week - may help save the business against ongoing decline but other hurdles remain, according to Morningstar equity analyst Shaun ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
The ranks of Australian billionaires have more than doubled over the past decade, accumulating wealth at $137 million per day on average - $95,000 per minute, according to Oxfam Australia. Its acting chief executive Christina Muli described this as ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
The US stock market has returned nearly twice as much as international markets since the Global Financial Crisis, which subsequently resulted in its share of global equity market capitalisation approaching almost 70% by the end of last year. History ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
Australia has consistently produced billionaires over the last 10 years and is home to 43 of the richest people in the world, according to a new report from UBS. Australia gained two billionaires over the course of 2024 - the majority of which (77%) ...

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
Grattan Institute chief executive Aruna Sathanapally said it is the job of all Australians to ensure the younger generations have a "sense of hope" about the future rather than the sense that they are being "systematically screwed over". Speaking at ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... Lendlease told a similar story with a $1.5 billion loss as it hopes the overhaul of its business model will change its fortune. Meanwhile, Scentre Group in its half-year to June results earned $1.3 billion in property revenue and statutory profit of ...

Global outfit acquires Vasco Trustees

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024
... providing the best service for our clients." According to its website, TMF Group's clientele "include the majority of the Fortune Global 500, FTSE 100 and top 300 private equity firms." "Through this acquisition, TMF Group will be offering a one-stop-shop ...
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