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Showing 1011 - 1020 of 3401 results for "Revenue"

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... early release of superannuation," he said. De Ferrari said operating earnings were impacted by lower investment related revenue due to weaker investment markets, Protecting Your Super legislation, and product fee reductions. Controllable costs decreased ...

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... acquired US based value manager Barrow Hanley for $465 million. Barrow Hanley and Trillium will be 29% of the total operating revenue post acquisition, Perpetual said at the time. Perpetual is expecting to statutory net profit after tax of $82 million ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
It's that time of the year when many Victorians escape the winter chill for the warmer climate of its northern neighbour - notably, Queensland (where it's "beautiful one day, perfect the next")... and in the current setting, coronavirus-free. ...

Adviser salaries unchanged: Research

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... and $95,000. The expectation of bonuses for financial advisers is shifting, Kaizen said, as the industry moves away from revenue-only linked bonuses to a balanced scorecard method that looks at financial and non-financial performance metrics. Kaizen ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... Financial Standard. Five affiliated earned performance fees during the period, contributing $6.6 million to Pinnacle's revenue. Almost all of it was in the second half. Pinnacle said star-performer for the period Hyperion, attracted $22 million a ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
"We are all prisoners here of our own device." - Hotel California, The Eagles Victorian Premier Daniel Andrews declared Victoria in a "State of Disaster" from 6pm on August 2 and imposed Stage 4 restrictions that will run for six weeks (until September ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... a participating fund. He also declined to comment on how many fund managers offer fee rebates via Netwealth, or total revenue from the new fee. "As we are listed I unfortunately cannot provide revenue information that has not been shared with the market ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ...

Banking crisis more likely in conflicted countries: IMF

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... instability can have a negative impact on the productive capacity of a country and this in turn can reduce government revenue and increase unproductive spending, including military expenditures, leading to fiscal crises. "This can also lead to government ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to a maximum of 2.5x, Corrs Chambers Westgarth filed an open class action against the wealth giant in the Federal Court ...