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Showing 401 - 410 of 3746 results for "Acquisition"

Prime Financial revenue grows 21% to $41m

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
Prime Financial Group has reported a 21% increase in revenue, reaching $40.8 million, bolstered by strong growth in its wealth business. The company remains on track to achieve its goal of $50 million in group revenue by FY25, with plans to double that ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... completed by October 2024 and superannuation by the end of the calendar year. The company also flagged the successful acquisition and completed integration of Financial Advice Matters Group (FAM) following on from the acquisition of ClearView Advice ...

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... Chinchilla, and Roma to ensure that their locations do not deprive them of receiving financial advice. In assessing acquisition opportunities, English said larger regional centres don't appear to be as well serviced by the advice sector, and therefore ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
Private credit continued to buoy Qualitas' performance in the 2024 financial year while Charter Hall contracted against a tough real estate sector. Qualitas reported a 46% jump in total funds under management (FUM) to $8.9 billion thanks to several ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... estate and domestic infrastructure equity businesses. Consequently, funds from operations grew by $30 million. The acquisition also delivered about $28 million in performance fees, but was partly offset by the impact of divestments, valuation declines ...

Aware Super announces new $600m acquisition

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
... Aware Real Estate has expanded its industrial real estate footprint in Victoria in partnership with Barings with the acquisition of a $600 million business park. Located in Somerton, 20 kilometers from the Melbourne CBD, the Austrak Business Park is ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... the stake, and Magellan executive chair Andrew Formica will now join the Vinva board. Magellan said it expects the acquisition will immediately contribute to profits, as well as preferred dividends in FY25 and FY26 and potential performance fees. Under ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
Fiducian Group has reported that its underlying net profit after tax (NPAT) has risen 17% to $17.7 million in FY24, while its statutory net profit after tax increased 22% to $15 million. Fiducian's underlying earnings per share grew 17%, from 48 ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... Current Group agreed to divest part of its interest in the firm. The London-headquartered asset manager said that the acquisition of Victory Park Capital Advisors' would complement its securitised credit franchise and bolster its expertise in public ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... Statutory NPBT is expected to be $4.8 million. "Significantly, in addition to enabling us to cash fund our $2 million acquisition of Millennium3 in December, consistent positive operating cashflow has enabled us to return to a dividend cycle," he said. ...