Initiatives taken by Netwealth to stem outflows earlier in the year have helped the firm in the last quarter as December saw its highest inflows in 10 months....
Negative market movements led to a 53% decline in quarterly net inflows for Praemium in the June quarter....
Praemium’s platform inflows were up 111% during the FY21 but its profit and EBITDA were down thanks to costs associated with acquiring Powerwrap....
Half year figures showing a 172 per cent increase in post-tax profit reflect a turn-around in fortunes for responsible investment fund manager, Australian Ethical....
Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...
It couldn't happen to a more worthy organisation - good luck to the heroes coming to clean the place up!...
Yes used the money that should have been invested as if it was his own. Thought he was invincible but the house of cards...