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Showing 221 - 230 of 3410 results for "Revenue"

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... is to be terminated. The termination is to take effect from this Friday. "The impact to profit of the related loss of revenue will be offset by an acceleration of planned cost savings to be delivered in FY26," Platinum said. Reporting to the ASX, Platinum ...

Ellerston Capital awards distribution mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
Sodor Capital will distribute three Ellerston Capital funds to institutional investors. Ellerston Capital has signed Sodor Capital to market three of its funds - the Ellerston Fixed Income Target Return Fund, Ellerston JAADE Australian Private Assets ...

Global X China Tech ETF in the works

ANDREW MCKEAN  |  THURSDAY, 1 MAY 2025
... companies are trading at less than half the forward multiples of the US Magnificent Seven. Nevertheless, it noted that revenue growth is steady, margins are expanding, and cash flow resilience is emerging. China's digital economy currently accounts for ...

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... increase investment capability and resourcing for Clime's international investment team without a material change to revenue or expenditure. Clime managing director Michael Baragwanath said Clime is uniquely positioned to execute on the investment ...

AUSIEX to acquire FIIG Securities

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... selling BHP shares on the ASX," Salis said. "FIIG has significant upside and potential to grow to north of $100 million revenue in five years when powered by AUSIEX platform. It has private clients, and we see room to add relationships in the intermediary ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... Current completed the restructure of its investment in Aether, exchanging its equity ownership for an ongoing contractual revenue share and liquidation preference arrangement. Last December, the multi-boutique made two divestments. It offloaded all its ...

Northern Trust appoints sales lead for asset servicing

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
... Americas to his remit. The new sales head is tasked with driving the global sales strategy and accelerating new business revenue growth for Northern Trust. Gee, who joined Northern Trust in 2008 to lead its asset owner business development for the UK ...

Australian equity fund manager in a league of its own: Mercer survey

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
... March 2025 quarterly report, Forager said around 60% of the fund's holdings were in companies with recurring and sticky revenue. Conversely, its "light on" cyclical companies, those more subject to "the vagaries of the economic environment." The report ...

Sidra Capital expands in Australia

KARREN VERGARA  |  THURSDAY, 24 APR 2025
... multi-asset fund has US$15 million ($23.4m) invested in Australia's mining sector and aims to achieve a secure and stable revenue stream over a three-year period. Shariah-compliant and low-volatility, the investment provides quarterly income distribution ...

Prime Financial Group buys Lincoln Indicators

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
The ASX-listed wealth manager is acquiring Lincoln Indicators, expanding its presence in the high-net-worth and self-managed super spaces. Based in Melbourne, Lincoln Indicators is a provider of investment research and portfolio, platform and funds ...