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Showing 341 - 350 of 3449 results for "Revenue"

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 ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... particularly in home lending and deposits. Despite competition and inflation impacting profits, we reported our second strongest revenue performance ever and a full-year cash profit of $6.7 billion, helping deliver a total return of 27% for shareholders," ...

Mutual Trust merges with CMS Private Advisory

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
Multi-family office Mutual Trust merged with CMS Private Advisory to meet an uptick in demand from South Australian clients. Based in Adelaide, CMS Private Advisory has been operating since 1997, servicing high-net-worth clients across South Australia ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... related to home lending competition," Irvine said. "Pleasingly, a more stable operating environment over 2H24 has seen revenue and margin pressures moderate and the decline in underlying profit slow to 1.8% compared with 1H24." The chief also noted that ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... suppliers of manufacturers such as packaging for tobacco products. Finally, companies that derive more than 20% of their revenue from the mining of thermal coal and its sale to external parties are omitted. For the 2024 financial year, the super fund ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... expansion. Key pressures are fee compression, cost inflation, and moderating net flows. Average EBIT growth still lags revenue growth, even as FUM growth recovered about a year ago."

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Income Asset Management (IAM) has launched a new asset backed securities (ABS) and residential mortgage-backed securities (RMBS) product, ABS-RMBS Direct. The new product aims to offer investors direct access to the asset class. ABS and RMBS are investment ...

Hamilton Lane debuts private markets infra fund

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... traditional characteristics of infrastructure, including high barriers to entry and durable cash flows through contracted revenue streams, as well as the potential for inflation-hedging qualities, competitive total returns with potential downside protection ...

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
... ARMR) provides exposure to up to 60 companies from NATO member and ally countries that derive more than half of their revenue from the development and manufacturing of defence equipment and technology.