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Showing 11 - 20 of 3010 results for "Revenue"

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... smaller amounts of investible assets and later stage retirees, recorded an FUA of $75 million. "The incremental platform revenue margin on market movements can be lower than the total Platform revenue margin due to the tiered pricing of administration ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024
... controversial weapons, tobacco products, and mining or extracting thermal coal, or extracting oil from tar sands subject to a 10% revenue threshold. The Franklin Australian Absolute Return Bond Fund (FRAR) is an actively managed portfolio of fixed income ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... Bank will launch a new digital small business banking offering in a bid to address funding constraints and diversify the revenue and customer base. At the AGM, shareholders approved adopting the remuneration report, as well as AMP chief executive Alexis ...

GIP Australia Fund surpasses new milestone

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Global Infrastructure Partners (GIP) announced that the GIP Australia Fund II (GIPA II) has completed fundraising with aggregate committed capital of $4 billion, at the upper end of the $3 billion to $4 billion target range. The fund has commitments ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... client-facing team, enabling the boutique to manage the increasing deal flow. "We are delighted to have recruited seven talented revenue writers to join our high-performing sales team," he said. In other moves, IAM general counsel Cameron Coleman will ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance its exposure away from benchmark agnostic global equity ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... addition, the government has also planned big spending for aged care, the expansion of the NDIS and university funding. "The revenue upgrades will be smaller. In each of our first two budgets, we benefited from more than $100 billion in revenue upgrades. ...

Listed companies drive economy's momentum: ABDO

KARREN VERGARA  |  THURSDAY, 21 MAR 2024
Australian companies continue to defy odds and beat analysts' expectations to help keep the economy on its resilience streak. Perennial Partners lead portfolio manager Stephen Bruce, who presented at the Advisers Big Day Out (ABDO) Capital Cities in ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... annum. Clients that pay less than this amount tend to detract from the firm's value, seeing their multiples dip below 2x revenue. Those in the market looking to acquire an advice practice are typically put off by this client base generating low-margin ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... Hamilton Lane indicated that private market valuations are realistic support by data showing private equity's stronger revenue and EBITDA compared to public companies in 2022 and 2023. It attributed this to better sector selection and a greater ability ...