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Showing 1921 - 1930 of 8107 results for "Total"

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... three months' BBB corporate bond option adjusted spread (OAS), a 2% borrower paid upfront fee for each loan originated and total private debt fees and vehicle costs are assumed to be 50bps upfront (one off) and 57bps per annum. The test scenario analysis ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... the interim reporting period, up 24% year on year. Excluding the St. James's mandate, this comes down to $216 million. Total funds under management of $95.5 billion sank 16% compared to the prior corresponding period. About 68% of this comes from ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... Between 21 August 2014 and 30 June 2018, Aware Financial Services, formerly StatePlus, charged about 25,300 customers a total of $50 million in fees for advice services included as part of the superannuation product offered by Aware FS. The firm provided ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... reported a mixed half year result with increased profits, a higher dividend but also higher expenses. The platform reported total revenue of $84.7 million, which was up 17.1% on the previous corresponding period. Netwealth said it had "strategically ...

Australian market praised in latest pension study

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
... Australia, Canada, Japan, Netherlands, Switzerland, UK and US represent the seven largest markets accounting for 92% of the total assets considered in the study.

Infocus adds four practices to network

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
... Geelong Wealth, as well as newly launched firms such as Timeless Wealth. Rainmaker Information shows that Infocus had a total of 177 financial advisers at the end of 2021, making it the 10th largest non-aligned group. It has some $5.9 billion in funds ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

AustralianSuper to grow external mandates, hires

JAMIE WILLIAMSON  |  TUESDAY, 15 FEB 2022
... managed externally, but this is expected to rise to $80 billion in the coming years as the fund targets $500 billion in total funds under management by 2026. As part of this, AustralianSuper head of external managers Joseph Wahba said mandates for managers ...

NAB tops bad advice compensation bill

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... liability reached $4.6 million, the majority of which relate to fees for no service, has been paid out. The group's total compensation adds up to $3.2 billion.

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... failed to make a profit in the half-year to December. The platform's revenue increased by 25% to $39.2 million, while total FUA increased by 43% to $49 billion. The rise in FUA was largely driven by the Australian platform business and virtually ...