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Showing 361 - 370 of 3400 results for "Revenue"

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 ...

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... the close of its third fund, which it has a 50% stake in. It has a 62.5% interest in the Telstra Ventures Fund II. Its Revenue Acceleration Platform has generated US$580 million for its portfolio companies, extending their reach across Australia, Asia ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... fuel exclusion policy last year. The super fund changed its environmental, social and governance policy, removing its revenue-based coal, oil and gas investment restrictions and replacing them with a "carbon budget framework". Market Forces analysis ...

Prime Financial Group adds to c-suite with new role

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... Prime said both appointments are key to its next phase of growth as the group continues work towards its goal of doubling revenue from $26 million in FY22 to $50 million by FY25, then doubling that figure again to $100 million. Lake was appointed chief ...

Family office, PE firms back local telco infrastructure provider

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2024
... share and capitalise on the momentum it has created," CPS founder and executive chair Scott Munro said. "Growth in CPS revenue has escalated rapidly in recent years to more than $100 million, driven by demand from our customers for premium end-to-end ...

UBS institutional client coverage lead departs

ELIZABETH FRY  |  MONDAY, 24 JUN 2024
UBS Asset Management's local head of institutional client coverage has exited after almost two decades with the firm. Drew Fowler, who has run institutional coverage for four years, confirmed his departure. Fowler started with the Swiss giant's Australian ...

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... public sector in Australia and the UK. Owen has previously been a director general and tax commissioner of His Majesty's Revenue and Customs in the UK, head of profession in the UK Civil Service and deputy secretary of the New South Wales (NSW) Department ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... end of the medium term. The PBO added that the proposed policy would have further implications for government taxation revenue, particularly for superannuation tax, which wasn't included in the analysis.