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Showing 141 - 150 of 1134 results for "Gross"

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... improved, with the deficit projected to be just 0.2% of GDP in 2033-34. The reduced need for borrowing has led to lower gross debt, which is expected to peak sooner that previously forecast, in 2025-26. Nevertheless, the budget faces persistent structural ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... valuations. The Australian and New Zealand Private Debt portfolio has been outperforming its objectives, delivering a 9.6% gross return as at 31 March 2023. This performance surpasses the target return of cash plus 4% to 5% (net of fees and expenses). ...

Rest signs mandate with Palisade Impact Fund

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... delivering a strong return coupled with a strong environmental and social impact for Rest's members," chief executive Steve Gross said. "I've known the team at Rest for a long time and it's an honour to be working with them again." The Palisade ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... long-term after-tax returns for Australian resident investors in excess of the benchmark after fees, including an annual gross dividend yield (including franking) that exceeds the gross dividend yield of the benchmark. Apex Group has been appointed to ...

Investec Property Fund, Irongate Australia in new JV

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
... transaction includes a profitable real estate funds management business with $450 million equity under management in assets, a gross realisable value of $2.75 billion, Investec said. The deal will result in a buyout of Charter Hall, which acquired Irongate's ...

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
... preferred measure - of $1.37 million, up 99% year on year. The number of advice documents written were up 112% to 12,571, while gross business earnings grew 55% and gross business earnings per adviser were up 58%. The business recognised a non-cash impairment ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... objective. It also formed strategic alliances with Marcus Today and Torica Capital. Clime attributed a 27% increase in its gross income ($8.8 million) over the prior corresponding period (pcp) to the MTIS takeover. It also signaled further acquisitions ...

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
... tax, largely driven by the completed sale of the Ventura Funds business. Total profit before tax came in at $3.7 million. Gross revenues were also up, increasing by $38.8 million on the back of organic licenced adviser growth and the ClearView Advice ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... 11% year on year to $290.9 million. Underlying net profit after tax jumped 46% to $19.4 million. The last six months saw gross life insurance premium income increase by 8% and new business rise by 9%. "Off the back of material industry and regulatory ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... close of their second fund raising. The $2 billion injection, made by a global instructional investor, takes the GQ total gross assets under assets under management to $3.2 billion. The second fund raise comes after the platform initially secured $1.2 ...