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

Investment

Acadian AM launches two new credit strategies

ELIZA BAVIN  |  MONDAY, 2 SEP 2024
The asset manager has added to its credit lineup with the launch of two new strategies.

Count reports strong results on back of Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
Count has reported strong earnings for FY24, driven by organic growth and acquisitions.

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
Clime Investment Management has reported a statutory loss of $3.8 million for FY24, marking another "challenging period."

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
Persistent outflows cost Platinum Asset Management dearly in the last financial year as it hopes its new business unit, the Platinum Partner Series, will improve returns and stabilise flows.

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
Generation Development Group's (GDG) underlying net profit after tax rose 55% to $11.2 million in FY24.

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
Pengana Capital Group reported the hit but said it would still pay a dividend to investors.

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Perpetual shareholders have finally been given an estimate of the cash proceeds from its deal with KKR, as the group reports a massive $472 million loss.

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Listed investment company (LIC) WAM Active (WAA) returned nearly 30% p.a. to unitholders, trumping its benchmarks in the last financial year.

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
Investment firm Factory Capital has become a cornerstone investor in Finexia Financial Group through a $3.73 million private placement subscription.

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
The merger of IFM Investors and ISPT has moved forward as the latter's shareholders agree on the conditions of the deal.