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Showing 11 - 20 of 38 results for "PCP"

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... management group posted record platform annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of June 30. The FUA sum comprised of $49.7 billion (up 19.9% ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... movements. Inflows picked up for the quarter reaching $3.1 billion, up from $2.3 billion in March and a 102% increase to the PCP. The largest licensee accounted for around 12% of inflows. Total funds under management increased $1.2 billion over the quarter ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... are distinct from each other. Base management fee revenues in the Affiliates, at 100%, were also up 18% compared with the PCP," Pinnacle told shareholders. The group's net profit after tax jumped 120% to $30.3 million. Pinnacle said that the strategy ...

Euroz expecting spike in NPAT

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ...

Financial advice more important than ever: HUB24

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... period to $19 billion, with the platform also seeing record net inflows for a September quarter of $1.36 billion, up 10% on pcp. "Momentum has continued from the June quarter with strong flows driven from both new and existing licensee channels across ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... growth of 5%. Operating EBITDA of $78 million and Operating EBIT of $65 million were down 36% and 40% respectively on the pcp, largely reflecting the flow on impact of lower revenue and the high level of operating leverage in this division. Link Group ...

Sovereign fund withdraws bid for Newcastle United

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... its £300 million takeover of English Premier League team Newcastle United Football Club. The buyer consortium also included PCP Capital Partners and Reuben Brothers and would have taken an 80% stake in the football club. The group cited the global uncertainty ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... remained the portfolio managers of Latigo's investment vehicles. In the March quarter, Challenger's life sales were up 9% pcp (annuity sales fell 10% to $593 million but other life sales rose 71% to $356 million), life investment assets fell 4% and funds ...

Challenger recruits Generation Life co-chiefs

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... new advisers wrote business for Generation Life for the first time during the period, while 791 submitted business (up 22.5% pcp). Former Australian Olympic swimmer Grant Hackett was announced as the duo's replacement, as he stepped down from his ...

Fund managers lag on ESG

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... Pathfinder report, written by Stephen Blagg. They also showed slower growth in their score than the median, which grew 4.4% pcp. The report scored ASX 200 companies based on how they reported on material sustainability and whether the appropriate sustainability ...