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| | | ... able to recommend its wealth products. Life insurance profits were also up, by 5% to $26.1 million, owing to a 21% rise in gross premiums to $215.2 million and sales of contemporary life products up 5% to $42.4 million. ClearView characterised its life ... |
| | | | ... $1.31 billion. Eighteen out of 19 direct insurers, and seven out of eight reinsurers reported a profit for the year end. Gross policy revenue increased 6.3% to $24.7 billion year on year, while reinsurance played a more prominent role, increasing from ... |
| | | | ... full year results today, Fiducian recorded $10.5 million in UNPAT and an 18% increase in FUMAA to $6.7 billion. Full year gross revenue came in at $45.9 million. The group's financial planning division acquired $83 million in funds under advice over ... |
| | | | ... family offices. The SUSI Renewable Energy Fund II, where European Investment Bank has a mandate, is currently realising a gross internal rate of return of about 9%. Both the new strategies will be held in Luxembourg-domiciled vehicles. |
| | | | ... profit after tax of $1.4 million, double last year's figure. The business has become more efficient in the past year, with gross margins now sitting at 81.2%. Expenses as a percentage of sales grew modestly: sales and marketing has gone up from 17% to ... |
| | | | ... as it eyes the retail and adviser market. The Pinnacle BNY Mellon Global Infrastructure Yield Fund will aim to hit 6% in gross yield per annum, at a management fee of 1.15% per annum. It will invest in 20 to 40 global infrastructure equities, including ... |
| | | | ... the U.S. economy has grown at a solid pace so far this year. The value of goods and services produced in the economy - or gross domestic product--rose at a moderate annual rate of 2 percent in the first quarter after adjusting for inflation. However ... |
| | | | ... weak in the first quarter? Nobody really knows ". To wit: "A detailed review by CNBC of 30 years of the government's gross domestic product data, the most followed measure of US growth, suggests a longstanding problem of under-reporting Q1 expansion." ... |
| | | | ... the end of five years, unitholders will be able to vote on continuing it or winding it up. The fund is eyeing an annual gross yield of 4.5%. Growth Farms invests in Australian agriculture for HNWIs, family offices and institutional investors through ... |
| | | | ... management are $11.2 billion across Australia, New Zealand and Europe. The acquisition brings ARA's and associates' gross assets under management to $77.2 billion. Cromwell's non-executive directors are paid a fixed remuneration which may ... |
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