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Showing 1111 - 1120 of 3448 results for "Scale"

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Diverger managing director Nathan Jacobsen said improving scale and pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... sustainability of the fund" as well as the best financial interests of its members. It's understood the fund struggled to gain scale, with just 197 members and $7.6 million in funds under management when it was closed on May 31. The fund also struggled ...

State Street to administer $1bn private equity fund

CHLOE WALKER  |  WEDNESDAY, 27 JUL 2022
... of Australia Tim Helyar said. "Mercury understands the critical role State Street plays in bringing its global expertise, scale and experience to the task of fund accounting and administration." Helyar added that growth in PE markets the world over is ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... than $5 billion in retirement savings on behalf of about 41,000 members. "Acknowledging continued industry commentary about scale, we firmly maintain that super funds should be judged on the quality of the member outcomes they deliver and not simply ...

Brighter Super simplifies investment menu

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
... Energy Super, the fund has engaged in over 10,600 personal interactions with members, it said. "With our increased size and scale, we're able to deliver better services and lower costs for all our members," chief executive Kate Farrar said. "We are proud ...

Certe acquires Genesis Financial Partners

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
... cost benefits. AZ NGA chief executive Paul Barrett said accounting and advisory firms of the future need to get bigger and scale up in order to expand their capacity and capability, and meet latent demand for quality advice. "We are supporting our accounting ...

Capital Group trims management fees

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
... achieved steady growth over the past decade, the fund manager has decided to introduce a new fee regime to reflect its enlarged scale. "A new fee regime is being introduced to ensure a transparent, consistent and competitive fee offering is maintained ...

Lonsec acquires Implemented Portfolios

CHLOE WALKER  |  THURSDAY, 21 JUL 2022
... shift over the last five years, whereby advisers are using solutions such as managed accounts to assist with efficiency and scale in their practice." Lonsec currently has an SMA offering but the acquisition will now enable it to enter the MDA and IMA ...

Qualitas announces changes to executive leadership team

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
... understanding of both the assessment of transaction risk and the capital distribution aspects of our business. "As we continue to scale our funds across both debt and equity, it is important that the board appoint an individual who deeply understands ...

FNZ acquires private banking tech firm

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
... private banking technology firm is excited to join FMZ. "Combining our solutions and expertise with the global strength, scale and commitment of FNZ to the global private banking market is a great opportunity for New Access and our clients," he said. ...