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Showing 591 - 600 of 3400 results for "Revenue"

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... AET of $2.9 million and a $5.9 billion increase in FUMAS from the acquisition. Corporate Trustee Services saw organic revenue growth of 6.4%, partially offset by adverse markets. It gained plenty of new business too, including funds from Hejaz, Coolabah ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... management (FUM) to $5.8 billion and record deployment of capital drove a 21% increase on 1h22 in funds under management revenue to $20.7 million," Qualitas said. "Contributing to this result was a significant increase in Other Income of $7.5 million ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... signed 58 new distribution agreements and 206 new advisers using the platform in 1H23. Meanwhile, technology solutions revenue increased to $33.4 million, up from $3 million in 1H22. This growth was driven by the acquisition of Class which contributed ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... organisations whose strategies need to centre and align deeply to their purpose and mission while still generating enough revenue to support them in their long-term success." Community South Trust general manager Jackie Flutey said that JANA's strong ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... paper, Future Ready IX, which was released last year, found that staff pay now accounts for 48 cents of every dollar of revenue generated and represents 63% of all business expenditure.

GQG Aussie inflows up, total FUM slumps

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... decline transpired to the bottom line as net profit dropped 22% year on year to US$237.9 million ($347m), despite growing revenue by 10% to US$436.8 million ($637m). Australia experienced inflows of US$900 million ($1.3bn) in 2022, up from US$700 million ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
AMP is set to pay a dividend of 2.5c per share after reporting a statutory net profit after tax (NPAT) of $387 million, its first since the Royal Commission came to an end. It marks a significant turnaround for the wealth giant, having last year reported ...

bfinance completes management buyout

CHLOE WALKER  |  WEDNESDAY, 15 FEB 2023
Following major growth, including in the Australian market, the global investment consultant bought out the 51% stake held by Baird Capital. The transaction, supported by Beach Point Capital Management, follows a season of significant growth for bfinance ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
... the Asia Pacific with Timezone, Kingpin, Play n Learn and Zone Bowling stores. Miall said the QIC team is confident the revenue models of both companies are defensible and there's strong demand drivers to support their growth. "As well as the strong ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... remaining stable over the half." In an ASX announcement, the company also said it's accelerating growth and diversifying revenue streams through strategic partnerships. Challenger has established new strategic partnerships with Apollo, and SimCorp. Challenger ...