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Funds management
Statutory net profit after tax at Magellan has declined 67% while performance fees declined from $11.5m to $0.1m, as the firm announces its first-half results for FY23....
Financial planning
The super and investment services platform has reported underlying profit growth, despite a spike in outflows across both its FUA and FUM portfolios. ...
Funds management
Lazard Asset Management has reduced the management fee on two of its Australian equity funds for institutional and retail clients....
Funds management
Net outflows of approximately $1.5 billion have contributed to a 24% fall in the wealth management company’s net profits....
Funds management
A quarterly analysis of Australian equity funds found those with responsible investment principles were outperformed by those holding energy and materials stocks. ...
Funds management
The ASX-listed investment and superannuation platform has recorded a 13.6% decline in its net inflows over its latest reporting period. ...
Funds management
According to BetaShares, the ETF industry will bounce back in 2023 after a year of market decline....
Funds management
The Australian ETF industry experienced a $3.2 billion decline in total industry size during 2022, despite the record-breaking 52 launches, according to BetaShares. ...
Funds management
Despite a tumultuous year for equity markets, GQG has ended the year at nearly 96% of the level of funds under management at which it began....
Funds management
High yield could be seen as a relatively lower risk option on an eventual recovery ahead of equity returns, says a top investment executive....
Funds management
ASIC has pinpointed five managed funds that need to improve their marketing oversight....
Funds management
Yarra Capital Management is looking to raise $100 million for its Yarra Private Capital Discovery fund which will invest in companies prior to their IPO. ...
Funds management
Magellan fund managers have outlined which global stocks have helped and hindered its $9.4 billion Magellan Global fund over the last 12 months....
Funds management
Almost 90% of the funds available to Australian investors have failed to make positive returns over the past six months, research by Money Management shows....
Funds management
After starting 2022 in a resilient place, Australian equity funds were propping up the bottom of the performance tables last month....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...