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Showing 111 - 120 of 1040 results for "Gross"

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... energy, utilities, telecommunications, transportation, and public-private partnerships. It targets returns of 10-12% p.a. in gross IRR and delivered 11.6% last year. Ironbark declined to comment on the fees. In Australia and New Zealand, Ironbark will ...

BetaShares appoints chief financial officer

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
The fast-growing ETF issuer has appointed a chief financial officer in a newly created role. Jason Gellert was previously BetaShares' head of corporate development and is one of the co-founders in the company. He previously worked at Morgan Stanley ...

Advice group chief executive exits

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... executive of Shadforth Financial Group, and a general manager at Perpetual. Centrepoint Alliance reported December half gross revenue of $70.6 million (up 15% over previous corresponding period) and net profit after tax of $1.6 million which was a slight ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... according to Morningstar data. The most recent fund update shows it returned 23.67% year on year in March 2021, and 5.71% gross of fees since inception for wholesale investors. Its objective was 6.47% since inception.

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... limits each bank's maximum weight in the index to 30%. It had 16 constituents as at April 22. "As at 31 March 2021, the gross running yield (i.e. including franking credits) of the index BHYB aims to track was around 3.5% p.a., and the gross yield-to-call ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... had about 100 advisers with $3 billion in funds under advice and total in-force insurance premiums of $65 million. Total gross revenue was about $34 million. Donat joined Clime's executive team and continued to lead Madison. Donat will be paid a ...

Wholesale funds recover losses

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... remain as hopes for recoveries in the underlying real economies remain largely unrealised." The results were similar for gross wholesale inflows which were down 1.1% on 2019 at $278.9 billion. Plan For Life noted the variation in inflow growth with QIC ...

Blake Grossman joins BetaShares board

ELIZABETH MCARTHUR  |  TUESDAY, 6 APR 2021
ETF manager BetaShares has added a new non-executive director to its board with previous experience at competitor BlackRock. Blake Grossman has been appointed non-executive director at BetaShares. He was previously global chief executive of Barclays ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... identify the turning points in the business cycle and closely track the rate of change in key economic variables such as gross domestic product (GDP)." Here are the survey's key findings: The flash US composite output index eased to a reading of ...

eToro combines with SPAC, plans to list

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... reflecting an implied enterprise value for eToro of approximately $9.6 billion. The transaction includes $250 million in gross proceeds from FTCV's cash in trust (assuming no redemptions) and $650 million in gross proceeds from a fully committed private ...