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20 August 2024 • By Jessica Penny • 1 min read

MLC AM taps Schroders sales lead

An experienced sales professional has joined MLC Asset Management’s institutional arm. MLC Asset Management has appointed Ian Anderson as director, ...

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HUB24 clears $100bn FUA amid record inflows

The firm has announced double-digit growth in both underlying and statutory profit, while its funds under administration grew 30 per cent on the back ...

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Aware Super reveals new chairman

Christine McLoughlin has been appointed as the new chairman of Aware Super, formally joining the fund on 1 October. McLoughlin, who is also the ...

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Iron ore rout dampens prospects for budget surplus

A slowing Chinese economy dragging the price of Australia’s largest export has raised apprehensions, with recent Treasury analysis flagging a ...

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Price distortion prompts renewed focus on value stocks, experts highlight

Investors are increasingly paying a premium for momentum and growth stocks compared with value and quality stocks, raising alarm among market experts

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Westpac reports net profit uptick following ‘solid’ quarter

In its latest results, the big four bank has announced net profit rose 6 per cent, although revenue was flat over the quarter. Westpac has seen net ...

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Aware Super unveils $600m industrial site acquisition

Aware Real Estate has acquired Austrak Business Park – a 99-hectare high-quality industrial estate in Melbourne’s north – for some $600 million

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Suncorp reports 11.8% profit jump amid pure play insurer shift

The group has reported a “strong increase” in earnings in its first full-year results since completing the sale of its banking arm. Suncorp Group ...

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Iress sees earnings climb 52% in half-year results

The firm’s earnings hit the high end of its projections, reaching $67 million for the first half of 2024. In an ASX announcement on Monday, Iress ...

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Super returns climb back from August share market jitters: Chant West

Superannuation returns have been demonstrating a resilient recovery despite their “flying start” to FY2024–25 being disrupted, according to the ...

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