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Showing 351 - 360 of 3397 results for "Revenue"

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... coming months. PAC announced it made a US$34.25 million ($47m) investment in Carlisle in 2019, which equated to a 16% revenue-share arrangement and 40% of sale proceeds. Luxembourg-based alternative fund manager Carlisle focuses on managing portfolios ...

Kidmans acquires wealth advisory firm

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Kidmans Partners, a member of the Count network, has acquired Victorian accounting and financial advice firm Zanacorp for $2.1 million. Kidmans will pay 70% of the consideration for Elsternwick-based Zanacorp upon completion and the remainder will be ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... Partners, which, according to their recent financial reports in [June 2023 has] 3500 clients... and they are increasing their revenue in the last year [to] $167 million."

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
The relationship between assets under management (AUM) and revenue growth has broken down as fund buyers - both retail and institutional - increasingly embrace lower-fee index funds. This comes as interest in more expensive active strategies appears ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... but our margins are being squeezed. If your business is stagnant and you are not bringing in new clients and increasing revenue, your business is going backwards," said Empire Financial Group managing director Raymond Pecotic. The third area of concern ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... year. This is in large part because fines and penalties associated with enforcement actions are paid into consolidated revenue. Government has plenty of room to make the levy fairer and more sustainable," Abood said.

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... be made up of cash and some scrip component or both. In return, AWAG will receive a royalty payment based on the gross revenue of the Melican. AWAG also onboarded Murdoch Private Wealth, which is based in Kew, Victoria, as an authorised representative ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... a company in which the MySuper growth portfolio is invested - led the charge with a 192% stock price gain given strong revenue and profit growth." The portfolio also benefited from its investments in extended and alternative credit strategies. Gamerov ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Australian Retirement Trust (ART) returned 11.3% p.a. for its High Growth option for the 2024 financial year. ART head of investment strategy Andrew Fisher told Financial Standard that equities over the last two years have been "surprisingly resilient ...

BlackRock acquires Preqin in $4.8bn deal

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... markets technology and data provider. In 2024, Preqin is expected to generate around US$240 million of highly recurring revenue and has grown approximately 20% per year in the last three years. Through the Aladdin platform, BlackRock provides technology ...