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Showing 51 - 60 of 209 results for "NPAT"

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... Ord Minnett's Portfolio Administration and Reporting Service (PARS). In its full-year results, HUB24 reported an underlying NPAT of $15 million, up 53% on FY20 and underlying group EBITDA rose 47% to $36.2 million. The platform acknowledged its growth ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... but not all investors value franking credits," the August 18 note said. Magellan's results yesterday showed FY21 adjusted NPAT before associates of $454.4 million which was better than the consensus estimates of about $429 million, even as its recent ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted a 2017 half-year NPAT of $533 million, while its share price traded over $5. AMP shares closed at $1.08 yesterday and traded at $1.10 mid-morning ...

Pinnacle NPAT doubles in FY21

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... institutional mandate. Pinnacle said Two Trees, Longwave, Riparian, Reminiscent and Aikya's direct costs were included as negative NPAT.

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... we have talked about but there is no immediate expansion pressure," Good said. Pendal reported a 64% increase in statutory NPAT to $89.9 million and 8% increase in underlying profit after tax $82.6 million in the half-year ending March. It was a beneficiary ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... retirement product FuturePay, taken a stake in FinClear and in Barrenjoey. For the December 2020 half year, MFG reported NPAT of $202 million, up 3% from the same period in 2019. Total average FUM was $100.9 billion (9% higher), resulting in management ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
... class investments. It has $29 billion in funds under management, 33 client portfolios and positive earnings (with current NPAT below $2 billion). One of Tactical's clients is fixed income boutique Fortlake Asset Management started by ex-UBS manager ...

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... distribution channels, clients and consultant relationships. Further to this, Pendal recorded a 64% increase in statutory NPAT to $89.9 million and underlying profit after tax rose 8% to 82.6 million. FUM rose 10% to $101.7 billion as a result of positive ...

Challenger names chief financial officer

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... appointment come after Challenger released its half-year results, reiterating its guidance to deliver full year normalised NPAT between $390 million and $440 million. For the period, statutory NPAT increased $2.4 million to $222.8 million on the previous ...

Centrepoint Alliance posts $1.6m NPAT

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
Centrepoint Alliance reported $1.6 million in NPAT for the December half, as its total adviser numbers dropped slightly to 308. Gross revenue for the period was $70.6 million up 15% to the six-months ending June. Centrepoint's revenue comes from a mix ...