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Showing 51 - 60 of 1040 results for "Gross"

Investec Property Fund, Irongate Australia in new JV

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
... transaction includes a profitable real estate funds management business with $450 million equity under management in assets, a gross realisable value of $2.75 billion, Investec said. The deal will result in a buyout of Charter Hall, which acquired Irongate's ...

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
... preferred measure - of $1.37 million, up 99% year on year. The number of advice documents written were up 112% to 12,571, while gross business earnings grew 55% and gross business earnings per adviser were up 58%. The business recognised a non-cash impairment ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... objective. It also formed strategic alliances with Marcus Today and Torica Capital. Clime attributed a 27% increase in its gross income ($8.8 million) over the prior corresponding period (pcp) to the MTIS takeover. It also signaled further acquisitions ...

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
... tax, largely driven by the completed sale of the Ventura Funds business. Total profit before tax came in at $3.7 million. Gross revenues were also up, increasing by $38.8 million on the back of organic licenced adviser growth and the ClearView Advice ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... 11% year on year to $290.9 million. Underlying net profit after tax jumped 46% to $19.4 million. The last six months saw gross life insurance premium income increase by 8% and new business rise by 9%. "Off the back of material industry and regulatory ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... close of their second fund raising. The $2 billion injection, made by a global instructional investor, takes the GQ total gross assets under assets under management to $3.2 billion. The second fund raise comes after the platform initially secured $1.2 ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
... investors, and we anticipate the time is ripe for a strategic asset class over-allocation." A recent report from QIC showed gross yields for domestic private debt assets has almost doubled in the last 12 months to as much as 10%. This compares to gross ...

Pella broadens horizons, launches UCITS fund

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
Pella Funds Management's offering is gaining traction abroad, with the Sydney-based firm launching a UCITS fund in Europe. Pella has launched the Pella Global Securities Sustainable Fund, domiciled in Luxembourg. It applies the same strategy as its ...

Private debt a silver lining of market volatility: QIC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... premium, inflation hedge, and attractive risk adjusted returns. "We believe institutional investors are attracted by its gross yield potential, exposure to diverse corporates, as well as real-estate and asset backed securities, and its premium relative ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ...