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Showing 561 - 570 of 3400 results for "Revenue"

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
Pacific Current Group (PAC) has acquired a minority investment in San Francisco-based private equity firm Cordillera Investment Partners (Cordillera). The $44.9 million deal will see PAC take on 16.4% of Cordillera's revenues, both management fees and ...

Digitisation an immediate area of growth: Fund manager

CHLOE WALKER  |  THURSDAY, 6 APR 2023
... However, that's somewhat offset by the structural underlying demand. "We don't expect them to see big declines in revenue growth in terms of negative revenue growth, rather, we would expect to see the growth moderate in a slowdown," he said. "We'll ...

Maple-Brown Abbott relaunches sustainable fund

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... Sustainable Development Goals." When assessing companies, Pringle explained, Maple-Brown Abbott considers the degree to which revenue is derived from products and services that support its sustainable investment themes. "We also assess a company's future ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... is eternal about, 'Are we doing the right thing?' Not about whether or not someone's paying us and is our revenue at risk as a result of that?" he said. "That's where we believe that our research ratings and the research process itself ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... Georgia Brumby commented: "Aligning payment of super and wages is the right thing to do by workers, boosts government revenue, lifts investment returns and puts all employers on a level playing field." "Paying super on payday will help women claw back ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... revealed that it was above benchmark for a personal product. At the time, Rainmaker said: "Elevate needs to raise FUM and revenue very quickly to survive a competitive landscape. With the regulator's [APRA's] rhetoric focusing on less funds in the ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... explained Binance does not trade for profit or "manipulate" the market under any circumstance and said it does not convert revenue "from time to time" to cover expenses or fiat other cryptocurrencies. Zhao reinforced the exchange is committed to transparency ...

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... depending on the average client age. Buyers mostly favour businesses that are between 35-55 years old with annual recurring revenue around $500,000 to $700,000, it said. The younger the risk clients, the higher the multiple paid by buyers, it found. ...

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... products rose 1.3% to $7.7 billion, while individual risk income increased 5% year on year to $3.2 billion. Any additional revenue life insurers earn from investing premiums in fixed interest have been wiped out as a result of rising interest rates. ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
ASX-listed firm CountPlus will acquire 75 financial advice practices that once belonged to TAL. CountPlus will pay $3.373 million for Affinia Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. ...