ASX

Funds management

New investors to be challenged by market pullback

Those investors who have only invested in the stockmarket in the past year are likely to be challenged in the next few weeks as the market undergoes a pullback, according...

Funds management

Over half of Q1 IPOs report losses

In the first quarter of 2021, there were 24 companies which listed on the Australian Securities Exchange but 17 had reported losses since listing....

Funds management

Aussie investors optimistic about future growth

Around 57% of Australian investors expect their investment returns to outperform the benchmark index in the next 12 months, according to PIMCO. ...

Funds management

Hyperion lists $1b fund on ASX

Hyperion Asset Management has listed its first managed fund on the Australian Securities Exchange, the Hyperion Global Growth Companies fund....

Features

Balancing returns while excluding mining

Australian investors need to consider whether they are willing to sacrifice returns for their ethical values as the exclusion of miners could cause a significant skew to ...

Funds management

All-Tech index sees 41% growth in first year

Afterpay has accounted for nearly three-quarters of growth of the S&P/ASX All Technology index as it passes its one-year anniversary and 26 new companies are added....

Financial planning

CountPlus posts significant 65% profit growth

The firm’s ‘clean’ sustainable financial advice model and its client-centric accounting and advice helped improve profitability for the first half of FY2021. ...

Financial planning

ANZ’s cash profit up

ANZ has announced a 54% rise in unaudited cash profit from continuing operations to $1.81 billion while its unaudited statutory profit after tax for Q1 stood at $1.62 bil...

Funds management

Which listed financial returned 148%?

Earnings for the first half of the financial year for the firm were $2.1 million, prompting the firm to resume paying dividends....

Funds management

HUB24 and Easton complete Paragem transaction

Ian Knox has stepped down as non-executive chair of Paragem in the wake of HUB24 and Easton Investment Management completing their key transaction....

Financial planning

Clime streamlines, tightens belt

Clime Investment Management is in the process of replacing seven of its separately managed account as it looks to streamline and consolidate arrangements around recent ac...

People & Products

Chi-X appoints deputy COO

John Williams has been appointed by the stock exchange in the newly-created role of deputy chief operating officer. ...

Funds management

Netwealth’s FUA hits $38.8b in 2020

Netwealth’s funds under administration net inflows increased 36.1% last year to $9.2 billion. ...

Policy & Regulation

S&P rains on Victoria's economic parade

Deloitte Access Economics may have delivered Victoria a solid growth forecast for 2021 but the latest ratings downgrade from Standard and Poor’s suggests a very different...