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Showing 281 - 290 of 3397 results for "Revenue"

GQG raises $145m for private markets fund

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... capital fund. GQG said the addition of private markets capabilities is an important step in diversifying its sources of revenue and bringing additional talent into the business. The equity raise follows GQG having acquired stakes in three boutiques in ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... said the acquisition was exceeding expectations. "The integration was completed within the $22 million budget, delivering revenue synergies of $3.9 million in FY24, and the anticipated annual cost synergies of $3.5 million per annum are expected from ...

Centrepoint Alliance launches long-awaited IconiQ platform

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... interface. Centrepoint said the launch of IconiQ is a key strategic growth initiative with the objective of diversifying revenue, entering the Australian platform market which is estimated to hold $1.1 trillion in funds under administration. FNZ administers ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... several measures must be removed or amended if there is to be any chance of the tax passing. "Labor have baked in the revenue from this measure into their forward estimates, so they will be very keen for this to pass in some way, shape or form. They ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... "Deliberately and artificially constricting supply increased prices and enabled the investment companies to produce extraordinary revenue gains," the Attorney General's office said. "This conspiracy violated multiple federal laws that prevent a major ...

CFS awards equity, infrastructure mandates

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... Separately, the newly released CFS Advice Practice Profitability Report found that 54% of financial advisers want to increase revenue per client and 50% want to serve more clients annually over the next three years. Financial advisers manage 110 ongoing ...

Bravura flags growth plans with leadership appointments

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
Bravura Solutions has named two senior appointments to deliver growth opportunities across the global pensions, superannuation, wealth, and transfer agency markets. Aaron Knowles has been appointed the global head of product management and marketing. ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... absence of a superior proposal. "BFG shareholders will benefit through increased scale in BFG's online broking business, and revenue and cost synergies. The acquisition is expected to be materially accretive to BFG's earnings per share post-integration ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... FUA rise to $94 billion. At the end of June, SelfWealth had 128,700 active traders and made $27.6 million in operating revenue and $3.4 million in profit. SelfWealth chair Christine Christian said the board and management view the proposal as "compelling ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... market when we're more advanced in finalising those partnerships, but this will be a very important added source of new revenue over time, enabling us to broaden our ability to better serve investor needs." In mid-September Platinum received an unsolicited ...