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Showing 261 - 270 of 1129 results for "Gross"

Janus Henderson lists new active ETF

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... share class of the Janus Henderson Tactical Income Fund, which is managed by Jay Sivapalan. It has delivered 5.50% p.a. (gross) and 5.03% p.a. (net) since 2009 inception to June end. "Our clients are demanding more choice in how they access our world ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
The US Securities and Exchange Commission have charged a former registered investment adviser with fraud for his alleged role in a US$60 million Ponzi-like scheme. The SEC alleges that David Hu, the co-founder and chief investment officer of International ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... June quarter alone, HUB24 experienced net inflows of $1.1 billion (up 11% compared to the same period last year), while its gross inflows for the quarter were up 7% at $1.6 billion. HUB24 also signed 34 new licensees to the platform during the quarter ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... generate "maximum economic bang for the government's buck". In an opinion piece for The Conversation, economics lecturer Isaac Gross argued a six-month break from the 10% tax would help fight the COVID-19 recession. It comes as PwC proposes an increase ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... economy. So much so that Deloitte Access Economics' latest quarter business outlook report predicts that: "Victoria's gross state product will contract 1.6 per cent in real terms this financial year, the worst of all the states", according to ...

Madison sale confirmed

JAMIE WILLIAMSON, KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... has about 100 advisers with $3 billion in funds under advice and total in-force insurance premiums of $65 million. Total gross revenue is about $34 million, according to Clime filings. Under the deal, Madison chief executive Annick Donat will join the ...

GDP figures reveal start of COVID-19 impact

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
The Australian Gross Domestic Product fell 0.3%, seasonally adjusted, in the March quarter and growth slowed to 1.4% through the year, according to figures released by the Australian Bureau of Statistics. ABS chief economist Bruce Hockman said this ...

Sequoia to acquire wealth group

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... Morrison Securities and about $1 billion in funds under advice. In revenue terms, it translates to an additional $4 million of gross revenue and EBITDA of 400,000 in FY21, SEQ estimates. Sequoia will fund the transaction through existing cash reserves ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... economic recovery. "When wages grow, spending grows (so-called 'aggregate demand'), and so does the economy, as measured by gross domestic product," he said. "Nevertheless, the standard neoclassical growth model used by the treasury and Reserve Bank ...

Iress inks bond exchange partnership

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... researching, tracking and trading corporate bonds "as easy as trading shares". Iress managing director financial markets Kirsty Gross said the move was driven by user demand. "We're excited to have built a simpler, more efficient way to access the corporate ...