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Showing 1 - 10 of 155 results for "Reset"

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... medium to long term," Platinum said. Newly minted chief executive Jeff Peters unveiled his turnaround plan in March. The reset phase currently underway will slash costs in a bid to "right size" the business. It also involves reviewing existing product ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... well on the way to revitalising Platinum for our clients and our shareholders." The overhaul will come in two phases; the reset phase will take place over the next four months, while the growth phase will be implemented over the next six-plus months. ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... this article's publication. Newly minted chief executive Jeff Peters said: "In late February we outlined a strategy to reset and position the business for future growth. I am pleased to be able to report that we are acting swiftly to implement the ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... forgetting where he's come from, though. "If I can do something positive at the high schools I may work with, it will be to help reset the way we talk about financial literacy," Dunnin said. "Almost everything I've heard said about that topic by financial ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... chief executive officer and management team in place, the board has been renewed, the business is repositioned, the strategy reset, the AMP portfolio is simplified, the capital base is strong, and substantive legacy issues are resolved," Hazelton said. ...

Real asset cycle likely to return: Dexus

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
While the past year was a challenging one for most real asset sectors, Dexus Research believes transaction markets will become more active in 2024. Based on the latest Australian Real Asset Review by Dexus Research, the strong performance of the listed ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... Wacher. Wacher, who shared his top investment ideas in Morningstar wealth's 2024 outlook report, said the recent large-scale reset in interest rates presents an excellent opportunity for income-producing assets. "All investors need to consider interest ...

Commercial property likely to recover in 2024: Insights

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... While reductions in asset values aren't a good thing, the reemergence of value going forward is. "Higher yields act to reset the market and provide a more attractive entry point for investors, generating the prospect of higher returns," he said. ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... contributions to the Australian Taxation Office. "For otherwise inactive accounts, this caused the period of inactivity to be reset and therefore impacted the date of insurance cancellation," AFCA said. After rectifying its issues, the super fund has ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... be operating at Rule of 40 returns over the medium term, continued capital releases from the Managed Portfolio, a fully reset cost base and significant debt reduction," Price concluded.
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