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Showing 111 - 120 of 263 results for "NPAT"

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 ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... they represented over 9% of Netwealth's total FUA. The platform provider yesterday reported strong growth in revenue and NPAT. Its inflows were strong as well and well-diversified, while operational expenses relating to COVID-19 were kept to minimal. ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... million a year. The company also released its half year results today. Statutory revenue was down 62.1% to $581 million, NPAT down 155.4% with a reported loss of $120 million and EBITDA down 99% to $4.4 million. Crown did not declare an interim dividend. ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... profit after tax for the three months ending September, compared to $14.6 million in September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same period last year. Operating revenue grew 8% during the period to $401.4 ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... launch," Morgan Stanley analysts said in a note. "Result looks broadly in line with consensus, though 4% miss to UBSe on NPAT largely reflecting volatile items and lower tax rate," UBS analysts said.

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... pressures of COVID-19, particularly the effects of loan impairments and higher expenses for the result. About two thirds of the NPAT relates to a one-off gain relating to the sale of CFS Global Asset Management business last year, he said. "If you look ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
The investment manager recorded a marginal increase in statutory net profit after tax (NPAT) to $222.8 million, up $2.4 million on the previous corresponding period in its half-year results. On a normalised basis, NPAT dropped by 29% to $136.8 million ...