Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 2534 results for saw

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... energy portfolio companies in MAM. Meanwhile, market-facing activities managed by Macquarie Capital and most CGM businesses saw a net profit of $A3.7 billion, a 40% drop from FY23, influenced by high volatility in commodity markets that previously boosted ...

Insignia FUM grows by $11bn, completes platform migration

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
Insignia Financial saw funds under management increase by $11.7 billion (up 3.9%) to $312.3 billion as at March 31, and has completed the migration of MLC Wrap to Expand. Total net outflows for the quarter were $1.7 billion, largely reflecting the transitory ...

The funds delivering up to 30% returns: Mercer

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... sectors but overall seemed to suggest ongoing economic resilience in the economy," Reilly said. "The modestly positive return we saw from the ASX300 over February masks the significant performance dispersion across companies during the February reporting ...

Perennial launches new investment fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... received takeover offers with values of $100 million or more in the same period. "And in the US, the first quarter of 2024, saw the highest number of public listings in the last two years for larger IPOs (with proceeds above $1 billion)," he said. "The ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... increase reflected positive investment markets but was offset by net cash outflows and pension payments. "In the first quarter we saw an increase in Platforms net cashflows, improvements in Superannuation & Investments net cash outflows, and AUM up across ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... increase in account numbers, adding 5132 new accounts during the quarter, a 3.7% rise from the previous quarter. Additionally, it saw "strong momentum" in new adviser and licensee relationships, with a new business pipeline and strong conversion rates ...

ASFA appoints new policy head

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
... committing to the deep work involved in implementation." Koval's appointment follows a restructure in November 2023 which saw the departure of chief policy officer Glen McCrea, who also served as deputy chief executive.

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... after it failed to lodge its financial accounts. The investigation was sparked by an Australian Federal Police operation that saw several of Prospero's former officers and responsible managers charged with money-laundering offences, linked to the Changjiang ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... incorporating stocks in the US, Europe, Asia and other regions," he said. "This shift in mindset to international equity ETFs saw lower inflows into Australian equity ETFs over the March quarter compared with the last three months of 2023. But, to put ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... recorded, yet the body overseeing their conduct fears this is likely under-reported. The Life Code Compliance Committee (LCCC) saw another increase in the number of code breaches during 2022-23, rising 9% and amounting to 12,314. Four life insurers ...
PREVIOUS
NEXT