financial results

Funds management

Bell Financial Group sees 44% profit decline in H1

Bell Financial Group has announced a 44 per cent decline in half-year net profit after tax but record funds under advice as it transitions into a diverse wealth managemen...

Funds management

Overseas affiliates drive Pinnacle FUM in FY25

Funds under management at Pinnacle Investment Management are approaching $180 billion, helped by a substantial jump in FUM from its overseas affiliates. ...

Funds management

'Nightmare fuel': Clime IM reviews APL selection amid product failures

Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affec...

Funds management

Australian Ethical sees FUM jump by a third in FY25

Ethical investment manager Australian Ethical has seen its funds under management rise by a third over FY25 to close out the year at $13.9 billion. ...

Financial planning

Adviser focus prompts platform cash flow jump for AMP

Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and inv...

Funds management

Challenging markets hit Australian Ethical FUM

Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter....

Funds management

Perpetual sees 134% rise in quarterly outflows

Perpetual outflows have risen by 134 per cent from the previous quarter as the result of client mergers and rebalancing including $2.5 billion in outflows at Pendal Asset...

Funds management

Australian Ethical flags private markets expansion

Australian Ethical has become the latest fund manager to flag an expansion of its private markets range while reporting a 50 per cent rise in statutory net profit after t...

Financial planning

Insignia reports $17m NPAT loss in 1H25

Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an im...

Funds management

HMC Capital AUM rises 45%, thanks to real estate flows

Alternative asset manager HMC Capital has reported a 45 per cent rise in assets under management in the first half of FY25, and how its private credit division is perform...

Financial planning

Canaccord Genuity 'significantly invests' in Australian wealth management

Global wealth manager Canaccord Genuity has unveiled five strategic priorities for its wealth management business in Australia as it announces its quarterly results....

Funds management

Pinnacle NPAT jumps 151% in H1

Pinnacle has reported a 151 per cent rise in net profit after tax in its half-year results, helped by overseas expansion and affiliate performance fees with further inter...

Funds management

Janus Henderson reports improved net flows post-M&A

Global asset manager Janus Henderson generated more than US$2 billion in net inflows during 2024, thanks to its strengthened intermediary channel and M&A activity....

Funds management

HUB24 reports ‘strong start’ to FY25 inflows

HUB24 has seen a 44 per cent rise in quarterly platform net inflows during the first three months of FY25, while adviser numbers rose 17 per cent....

Financial planning

Sequoia shares results after ‘disruptive’ FY24

The exit of “smaller non-economic advisers” has improved net margin at Sequoia, while the divestment of Morrison Securities boosted its statutory net profit after tax for...