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Showing 1 - 10 of 323 results for %22Wealth divide%22

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... Iress provide professional development programs and events to Count's advisers. Iress executive general manager for wealth APAC Kelli Willmer said: "We look forward to continuing to work closely with key customers like Count to evolve our software ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... Muslim community who want to invest in property for their retirement in a way that is compatible with their faith. Meezan Wealth Management founding director Rokibul Islam said the solution, which is called Al-Mustaqbal Islamic SMSF, had been well received ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the acquisition and higher wealth management earnings. Operating revenue for the half year was $657.8 million, an increase of 69% on 1H23, thanks to Pendal Group's ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... after it posted a marginal increase in underlying profit and reported all its strategic priorities being on-track. The wealth giant has reported underlying net profit after tax (NPAT) of $95.5 million for 1H24, up 1.2% on 1H23. However, its statutory ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... doesn't foresee a rate cut until 2025. Younger advised clients with mortgages are bearing the brunt of rate increases. Your Wealth Hub chief executive and principal financial adviser Gavin Glozier said recalibrating strategies for first-time homebuyers ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... according to Morningstar chief investment officer Matt 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 ...

Macquarie brings long-awaited ETFs to market

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... ex-Australia Index (in AUD unhedged) with net dividends reinvested, investing in companies capable of generating sustained wealth over the long term. MAM ETF investment strategist Blair Hannon, who was poached in September from Global X ETFs to head ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... head Damien Hatfield said that this fund fills the void of allocation to alternative assets which make up to 15% of the wealth manager's asset allocation with little bona fide hedge fund product choice. The unit trust is available to wholesale clients ...

Strategic reset delivers for Count

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
Count has seen growth in its wealth business, with aggregated revenues rising 24%, gross business earnings up 19%, and a significant jump in adviser numbers. In "a year of transformation", Count reported a very slight decline in net profit after tax ...

Millions of Aussies investing in collectibles

CASSANDRA BALDINI  |  MONDAY, 28 AUG 2023
... daunting for some." Purcell explained the market drip has driven investors to look elsewhere. "Looking for ways to grow your wealth through alternative investments can be a great option as you can often receive multiple benefits," she said. "It can feel ...
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