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Showing 211 - 220 of 1134 results for "Gross"

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 ...

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.