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Showing 121 - 130 of 1040 results for "Gross"

Local fund manager expands in Asia

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
... an initial 9.9% stake in Asia-based private market investment manager Odyssey Group. Odyssey has about US$180 million in gross assets under management and advice, 25 staff and operations in both Singapore and Hong Kong, AVC said in March 11 company filings. ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... underperforming from late 2016, increasing numbers of investors made redemption requests. In particular, from 2016, when gross redemptions increased nearly three-fold compared to 2015, Link should have anticipated that greater levels of liquidity could ...

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 ...

IOOF to spend big on BOLR

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... includes recent advice outflows. The financial advice segment yielded $277 million in revenue (down 7%) and $90 million in gross margin (down 11%) for the six months ending December 2020. Its advice gross margin was impacted by end of the BT arrangement ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... health concerns weigh on activity in the near term, but that the vaccination programme leads to those easing, such that gross domestic product is projected to recover strongly from the second quarter of 2021, towards pre-Covid levels." The BOE forecasts ...

Clime consolidates SMAs

ANNABELLE DICKSON  |  MONDAY, 25 JAN 2021
... acquired Madison Financial Group which has 100 advisers with $3 billion in funds under advice and around $34 million in gross revenue.

QBE takes final hit in FCA test case

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... clarify key issues of contractual uncertainty for as many policyholders and insurers as possible. QBE said that while the gross cost of the UK insurance business interruption claims will increase because of the ruling, the net cost remains unchanged ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... the Shariah-compliant mortgage finance market stands at $192 billion, making it an opportunity for $4 billion in average gross fund management fee calculated at 200 bps. "For several years, we have been working on a new option for our product that will ...

CountPlus firm completes tuck in acquisition

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... group in November. Further to this, CountPlus flagged that it will continue tuck-in acquisitions and reported $27 million in gross cash as well as a $25 million debt facility to fund investment in tuck-in acquisitions, business opportunities and owner ...

Godfrey Pembroke firm jumps ship

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... in 2021," he said. Last month, CountPlus flagged that it will continue tuck-in acquisitions and reported $27 million in gross cash as well as a $25 million debt facility to fund investment in tuck-in acquisitions, business opportunities and owner, partner-driver ...