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Showing 331 - 340 of 3397 results for "Revenue"

GQG's FUM rockets to record US$155.6bn

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... steering us in a direction that will help us achieve our goal of long-term outperformance," he said. The company's net revenue rose to US$363.1 million, up 53.1%, primarily driven by management fees, which account for 95% of total revenue. It also charges ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
The ASX earned record revenue of $1.03 billion in the 2024 financial year despite a volatile period for equity markets and lower capital raising. Total revenue grew 2.4% from the prior corresponding period, largely driven by the exchange's markets ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... rising markets and consistent positive net inflows from the group's financial adviser network helped to achieve a net revenue increase of 11%. Notably, net inflows of $281 million were received during the year from the aligned dealer group. "Practice ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... parliamentary inquiry on online gambling led by the late MP Peta Murphy. A total ban would place both media companies under more revenue strain. Media watchdog, the Australian Communications and Media Authority, found that $238 million was spent on gambling ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... year following a "difficult year" but flags it is not done with its cost-cutting strategies. The ASX-listed firm's total revenue was stable at $250.4 million but managed to haul itself out of the red to report net profit after tax of $8.8 million, a ...

State Street names president of investment services

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... brings more than 30 years of financial services experience, with a track record of leading client management, sales and revenue growth, focusing on the needs of asset managers and institutional investors, State Street said. Ambrosius assumed an expanded ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... could also receive up to an additional US$28.7 million as an earnout payment based on certain Victory Park Capital gross revenue milestones measured in calendar years 2025 and 2026. Commenting on the transaction, Pacific Current chair Tony Robinson said ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... the 2024 financial year. Releasing preliminary results this morning, WTL founder and managing director Keith Cullen said revenue for the underlying business grew 15% to $185.1 million, while net profit before tax (NPBT) jumped 51.4% to $4.4 million in ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... the relaunched Accelerator Core product recorded net inflows of $476 million. The performance led to $249.5 million in revenue generated by the platform business, up 18% on the prior corresponding period. Netwealth's total income reached $255.2 million ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million (Division 296) and ...