PROFIT

Funds management

Challenger has posted another solid half-year result on the back of an astute distribution strategy via platforms, advisers and superannuation funds....

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Funds management

Improved dividends from companies in the portfolio have helped drive Argo Investments’ half-year profit up by 6.2 per cent....

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People & Products

BT Investment Management has posted a four per cent growth in net profit after tax to $147.5 million, thanks to strong net inflows....

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Financial planning

Macquarie Group has announced a half-year profit of $1,248 million, up 19 per cent on 1H17 and up seven per cent on 2H17....

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Funds management

Diversified investment house Washington H. Soul Pattinson and Company has today announced a full year regular profit of $282 million....

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Funds management

Investment platform provider, HUB24 has reported its first full year of profit with an underlying net profit after tax amounting to $3.9 million....

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Financial planning

Westpac Group has reported a strong first-half with profit up six per cent to $3,907 million, but its wealth division results including financial planning remain mixed....

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Funds management

ANZ has seen a 23 per cent increase in first-half cash profit but its divisional results explain its move to exit retail wealth....

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Features

The Australian life/risk sector is facing a fundamental reshaping as advisers move beyond the LIF and banks consider their return on investment, Mike Taylor finds....

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Financial planning

Yellow Brick Road recorded a maiden profit of $400,000 while its wealth division revenue grew 25 per cent....

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Funds management

ANZ has posted a profit of $1.6 billion on the back of good performance from retail and institutional banking and improved capital efficiency....

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Funds management

WAM Active Limited saw a drop in its half year operating profit due to a change in value of the investment portfolio....

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Funds management

Blue Sky Alternative Investments saw a significant rise in investments from Australian and overseas institutional investors for the half-year ending December, 2016....

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Funds management

AFIC has posted a half year profit of $118.3 million, down 18.9 per cent, after a decline in investment income....

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Funds management

Netwealth, has exceeded $10 billion in funds under management following a strong quarterly result....

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MARKET INSIGHTS

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Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

10 hours ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

12 hours ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

3 days 11 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago