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Showing 641 - 650 of 3452 results for "Revenue"

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... is providing earnings resilience and enabling investment in our growth programs." Perpetual further reported operating revenue of $388.3 million, up 1% on the prior corresponding period and total assets under management (AUM) of $93.7 billion, up 4% ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
Insignia Financial recorded a 67% increase in net profit after tax for the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant ...

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 ...