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Showing 1 - 10 of 6762 results for "Profit"

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |  THURSDAY, 23 JUL 2026
... saying trading conditions were "satisfactory" for the three months to 30 June 2026. Macquarie Asset Management (MAM) net profit contribution was down on the prior corresponding period (pcp), driven by the divestment of the North American and European ...

Former chief financial officer at Rest returns in new role

VINNY VUCAGO  |  THURSDAY, 23 JUL 2026
Rest is welcoming back its former chief financial officer as its inaugural chief commercial officer. The $100 billion profit to member superannuation fund said it was reshaping its executive team to support the next phase of its long-term growth strategy. ...

Viridian promotes to investment team, launches Infinity

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
Viridian Financial Group announced three promotions to its investment leadership team as it merges its asset management and private wealth businesses under a single unit called Infinity. Viridian has brought together Infinity Asset Management and its ...

Global X launches global SMID ETF

VINNY VUCAGO  |  WEDNESDAY, 22 JUL 2026
Global X ETF has expanded its international equity range with the launch of the Global X MSCI International Small and Mid-Cap ETF (ASX: ISMD), offering Australian investors low-cost exposure to small- and mid-cap companies across developed markets outside ...

legalsuper appoints HESTA executive as CEO, names new CIO

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... 26. Announcing the appointments, legalsuper chair Kristen Mander said both executives bring extensive experience across profit-to-member superannuation funds and institutional investment management. "Stephen comes from major profit-to-member super fund ...

UniSuper backs tech despite AI caution

VINNY VUCAGO  |  FRIDAY, 17 JUL 2026
UniSuper has reaffirmed its conviction in the global technology sector after delivering another year of double-digit returns in its Balanced option. Despite acknowledging technology is likely to continue its stellar run the fund warned valuations in ...

Australian ETF industry closes in on $400bn

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
... markets rallied through the first half of 2026, powered by evidence that AI capital expenditure is starting to convert into profit," Wickenden said. International equity ETFs remained investors' preferred destination, attracting $13.7 billion in ...

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities. The regulator's ...

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI  |  FRIDAY, 10 JUL 2026
... profitability of the firm while improving engagement with customers and employees. Bravura delivered an underlying net profit of $11.3 million in 1H25, up $13 million compared to 1H24. Following the turnaround in financial performance, Bravura also recommenced ...

HESTA executive jumps ship to Cbus

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
... fund in October to join CBUS as chief member officer, marking another senior executive move between Australia's major profit-to-member funds. HESTA chief executive Debby Blakey thanked Parisotto for his contributions to improving member engagement ...
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