FUNDS MANAGEMENT

INDUSTRY NEWS

Magellan has seen its net profit after tax fall 33% in the last financial year but funds under management have risen 9% to pass $100 billion....

INDUSTRY NEWS

Iress will provide its range of managed funds administration along with fully integrated digital tools and trading interfaces for the asset manager’s investors....

INDUSTRY NEWS

Praemium’s platform inflows were up 111% during the FY21 but its profit and EBITDA were down thanks to costs associated with acquiring Powerwrap....

INDUSTRY NEWS

The market is bullish and likely to reach 8,000 points, due to strong reporting seasons and despite lockdowns....

INDUSTRY NEWS

While shares are at risk of a short-term correction, there is a rising trend continuing with banks, telcos, utilities, and retail stocks are leading the market higher. ...

INDUSTRY NEWS

To increase gender diversity in key decision makers in asset management, a deliberate and focused strategy is needed, according to a panel....

INDUSTRY NEWS

As the US announces a US$1 trillion infrastructure bill, many infrastructure funds are offering investors double-digit gains....

INDUSTRY NEWS

With the IPCC releasing a worrying report on climate change, can investment in the oil majors be justified and how can investors work with them to improve their practices...

INDUSTRY NEWS

While several companies are potential merger and acquisition targets, much of this is ‘opportunistic’ targeting of businesses impacted by COVID-19 so investors would be u...

INDUSTRY NEWS

There are three sectors which could see increased merger and acquisition activity this year, according to Wealth Within’s Dale Gillham, as companies seek to utilise exces...

INDUSTRY NEWS

AMP’s wealth management arm has seen a decrease in its net profit after tax thanks to the impact of advice practice impairments, pricing and legislative changes....

INDUSTRY NEWS

The Antipodes Global Investment Company has become the latest listed investment company to seek to exit the structure as it has been trading at a discount to its net tang...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month 1 week ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

4 weeks ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

4 weeks ago

The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

1 week 3 days ago