FINANCIAL RESULTS

Funds management

Clime Capital has indicated it could take up new M&A opportunities this year as the firm opts to hold onto cash rather than pay an interim dividend....

Funds management

The asset manager has posted a 55% decline in net profit after tax as a result of costs associated with the Pendal acquisition....

Funds management

Fund manager Pengana Capital Group paid zero performance fees in the first half of the financial year despite positive performance, a “highly unusual” position for the fi...

Financial planning

Underlying net profit after tax at Equity Trustees was $13 million for the first half of the financial year as the company beds in the acquisition of Australian Executor ...

Accounting

Australian Ethical has reported its net profit after tax (NPAT) fell 15% to $9.6 million for the year ended 30 June, while its underlying profit after tax (UPAT) declined...

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Accounting

Insignia Financial has announced a 59% increase in its underlying net profit after tax (UNPAT) to $234.5 million in FY22....

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News

The investment platform HUB24 has reported a 133% jump in its underlying net profits after tax (NPAT) to $35.9 million in FY22, while platform net inflows surged 32% to a...

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Financial planning

HUB24 has reported its net profit after tax grew to $14.2 million for the half year ended 31 December, 2021, which translated into a 103% growth year-on-year....

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Financial planning

Sequoia Financial Group has reported net profit after tax to increased to $2.6 million from $1.7 million for the half year ended 31 December, 2021....

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Financial planning

AMP has outlined a statutory net loss of $252 million for 2021 in its full-year results today, compared to a profit of $177 million a year ago. ...

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Funds management

Charter Hall Long WALE REIT has posted an 8.3% year-on-year uplift in net property valuation in 1H FY22 thanks to increased exposure to the industrial and logistics secto...

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Funds management

Perpetual has announced that its total assets under management stood at $102.8 billion in Q2, up 1.8% on the prior period, with all divisions showing growth....

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Financial planning

Improved trading conditions has seen Macquarie Group’s net profit to grow to $2,043 million in 1H22, representing a 107% growth on 1H21. ...

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Financial planning

The cessation of grandfathered rebate revenue has driven down the group’s adjusted net profit after tax to $7.444 million for FY21....

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Financial planning

ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 1 day ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 6 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

6 days 16 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

2 days 7 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 day 11 hours ago