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Showing 21 - 30 of 85 results for "Wealth report"

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... year, with their collective wealth globally falling by 10% or $14.9 trillion, according to Knight Frank's 2023 Wealth Report. The report, now in its 17th edition, used findings from Knight Frank's data engineering team, and measured the size ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
Netwealth reported a mixed half year result with increased profits, a higher dividend but also higher expenses. The platform reported total revenue of $84.7 million, which was up 17.1% on the previous corresponding period. Netwealth said it had "strategically ...

Wealthy overlook digital experience

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
Wealthy investors tend to shun technology and prefer to keep track of their assets manually, according to Praemium. The survey, conducted with Investment Trends, suggests a minority of high-net-worth investors (11%) access an online digital portal and ...

Domestic bias swells for HNWIs

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... with domestic shares jumped from 56.4% three years ago to 73.4% in 2021, Crestone Wealth Management's 2021 State of Wealth report finds. This is closely followed by holdings in cash (72.4%) and direct residential property (43.4%). COVID-19 has prompted ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... illustration of wealth inequality around the world, money.co.uk (a UK-based comparison site) has analysed the Knight Frank Wealth Report 2021 and World Bank data on the adjusted net national income per capita statistics to determine how long a person ...

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
E&P Financial Group posted a statutory loss of $18.8 million for FY21, as its ASIC settlement hit both profits and the final dividend for the year. The company's net revenue for the year was $187.9 million (2% lower than FY20) driven by lower contribution ...

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
In its full year results, trading platform SelfWealth reported revenue increased 135% driven by a 105% increase in active traders on the platform. The company also reported operating cash flow of $1.1 million, up from negative cash flow of $147,000 ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... world, rising up the ranks to record one of the largest gains in wealth in 2020. Credit Suisse's latest Global Wealth report saw Australia achieve an $87,098 (US$65,695) increase in wealth on a per adult basis. Switzerland tops the list with a $93,772 ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Netwealth swelled underlying net profit after tax by 21.7% in FY20; as it flags increased IT and infrastructure spend for the next year and a new mobile app for clients. The ASX-listed platform business grew total funds under advice by 35% to $31.5 ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
HUB24 has reported record annual inflows of $4.95 billion for the 2020 financial year, which it says has been driven by clients ditching "incumbent platforms" for the specialist provider. Its funds under administration lifted 24% for the FY20 to hit ...