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26 August 2024 • By Maja Garaca Djurdjevic • 1 min read

Wealth giant reports $547m impairment due to outflows

Perpetual expects a $547 million pre-tax impairment due to net outflows. In an ASX announcement on Monday, the wealth giant revealed it expects to ...

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Praemium sees positive momentum despite full-year profit decline

Praemium has reported a substantial fall in net profit, amid a 30 per cent FUA surge. In an ASX announcement on Monday morning, Praemium reported a ...

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Pinnacle’s UK affiliate launch hits hurdle as Ironbark withdraws mandate

Pinnacle Investment Management’s launch of a new UK affiliate has encountered complications, leading Ironbark Asset Management to withdraw a planned ...

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APRA hits ANZ with $250m capital charge amid misconduct in markets division

APRA has raised ANZ’s balance sheet impost to $750 million due to growing concerns over the bank’s non-financial risk management practices

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Cautious optimism grows for infrastructure as rate cuts loom

Investment executives have painted a positive picture for the asset class over the coming period. With expected interest rate cuts in several major ...

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Alternatives provide ‘springboard for growth’ for Centuria

The specialist investment manager has announced its full-year results. Centuria Capital Group has reported a full-year statutory net profit after ...

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ASIC details private market crackdown in latest corporate plan

The corporate regulator’s latest corporate plan highlights the significant growth of private markets. On Thursday, the Australian Securities and ...

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MA Financial strikes 2 major deals amid revenue growth

Alternative asset manager MA Financial has announced two significant institutional initiatives. The global asset manager announced on Thursday the ...

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Insignia pauses dividend payments amid net loss

Insignia has announced a statutory net loss after tax of $185.3 million and plans to pause its dividend to provide strategic and balance sheet ...

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Gold rally sees new highs, buoyed by rate cut optimism

The commodity has been on a tear as investor confidence grows around potential rate cuts in the US. Investment executives have voiced a ...

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