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Showing 351 - 360 of 1129 results for "Gross"

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
... 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 ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... $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 ...

Fiducian continues growth trajectory

JAMIE WILLIAMSON  |  FRIDAY, 17 AUG 2018
... 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 ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... 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.

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... 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 ...

BNY Mellon partners for new fund, eyes Aussie retail market

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... 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 ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... 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 ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... 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." ...

Agricultural asset manager promotes new fund

KANIKA SOOD  |  MONDAY, 18 JUN 2018
... 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 ...

Cromwell appoints new director

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... 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 ...