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19 August 2019 • By Sarah Simpkins • 1 min read

GBST doubles profit

Platform provider GBST managed to double its profit in financial year 2019. The group’s net profit after tax (NPAT) came to $12.7 million, up by ...

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AMP share purchase plan opens

Following last week’s capital raise by AMP, the group has opened its share purchase plan to eligible shareholders. AMP’s share purchase plan will ...

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Microequities firm profit down, segment in flux

Sydney boutique fund manager Microequities Asset Management (MAM) saw its profit and funds under management dive in financial year 2019, with the ...

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Simplified model the way forward for MLC

MLC Wealth has announced that it will be simplifying its advice business to create a more sustainable advice model for the future. Following an ...

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Bell profit surges by 63%

Bell Financial Group (BFG) has reported a first-half profit after tax of $15.9 million, a 63 per cent increase from the previous corresponding ...

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Wilson Asset Management continues growth

Wilson Asset Management has shown shareholders that it has continued to grow despite current market volatility. In a market update to shareholders ...

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LIT commissions scrapped by fund manager

One of the industry’s top fund managers has announced that the group’s new listed investment trust will pay no commissions to advisers and ...

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Major banks to participate in credit reporting system

The government is set to reintroduce legislation that will require the big four banks to participate fully in the credit reporting system with new ...

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eInvest adds distribution specialist, plans further growth

Exchange-traded managed fund company ETF Investments Australia (eInvest) has hired Tamas Calderwood in its newly created role of distribution ...

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New boss to head Equipsuper, Catholic Super

Computershare senior executive Scott Cameron has been confirmed as the new chief executive of Equipsuper and Catholic Super, who is set to lead the ...

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