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Showing 601 - 610 of 3400 results for "Revenue"

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... accelerated growth. "Despite a turbulent year in global financial markets, Mason Stevens has achieved record growth in revenue and funds under management and administration, by providing its high performing and innovative platform with investment support ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
... while we completed the required actions to ensure regulator compliance." PCCU contributed $5.4 million in annualised net revenue, which Fiducian said was lower than expected because of a decline in funds under advice. "In time, inflation will be tamed ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... year ending 31 March 2023 (FY23). Investment-related income is expected to be broadly in line with FY22 with increased revenue from growth in the principal finance credit portfolio, offset by lower revenue from asset realisations. It said no material ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
The International Monetary Fund (IMF) has warned Australia's economy is on a narrow path to a soft landing, with downside risks. An IMF report said downside risks to the economic outlook dominate, with uncertainty regarding global growth, commodity ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... go," Dean said. He added that 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. "Out on the street people know that super is money ...

Regal reports FUM loss

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... drawdown is expected to occur in 1Q 2023. As for performance fees, Regal said it will recognise about $14 million in pre-tax revenue for the six months to December 31, 2022. It previously announced earnings of $22.7 million for the six months to June ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... consent process has proven to be "very successful" with Pendal achieving consents from over 98% of Pendal clients, by client revenue. Despite this, last week Perpetual reported it took a $1.2 billion hit in December ahead of the merger.

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... Praemium's SMA scheme continue to generate positive net flows," Wamsteker said. "The SMA is our cornerstone product and highest revenue earning service. It achieved rolling annual net inflows of $1.3 billion, including $225 million for the quarter. Its ...

Bravura restructures operating model, makes new appointments

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... planning to meet product and client resource demands, and enhances existing processes to better align costs with expected revenue. Bravura has engaged external consultants, A. T. Kearney, to assist with the program. As part of the program, Bravura chief ...