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Showing 681 - 690 of 3400 results for "Revenue"

US firm backs Koda Capital

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
... independent advice model has enabled us to provide a compelling offer to clients, grow client funds to scale and deliver strong revenue and earnings growth over the last five years." The investment is the outcome of a strategic review process undertaken ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... benefit of shareholders with a financial stake, as the latter does not exist." "This ensures that any collection and use of revenue is done with the guiding principle that the money first and foremost belongs to members, and any use of that money must ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Pendal Group has flagged it will turn its attention to cost management as it reports an 8% lift in profits. Pendal's statutory net profit for the six months to March 31 has jumped to $96.7 million, up from $89.9 million in the prior corresponding period. ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade ...

Managed accounts drive profit, revenue surge

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... managed accounts, the profits were even greater - estimated to be 127% higher. These same firms had an 84% increase in revenue and 200% increased in revenue per client. Firms not using managed accounts reported average practice revenues of $1.2 million ...

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
... Commonwealth's Modern Slavery Act 2018, organisations that operate in Australia and have more than $100 million in annual revenue have to report annually on modern slavery risks within their operations and supply chain and those of their owned or ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... of higher loan losses. Nonetheless, J.P Morgan chief executive Jamie Dimon was pleased with a "healthy" $30 billion of revenue which came in above forecasts and remained optimistic on the economy, at least for the short term. Dimon said: "Consumer and ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... shareholders, clients and people is for Iress to retain the business." The mortgage business brought in A$29.5 million of revenue in 2021 and according to Walsh has increased its pipeline of opportunities as lenders demand greater scale, efficiency ...

Citi appoints new chair, head of BCMA

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
Citi has named Tony Osmond as the chair, banking, capital markets and advisory (BCMA) for Australia and New Zealand. A new head of the unit has also been named. Osmond will be charged with providing advice to Citi clients on complex transactions and ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... business over a long period and look forward to continue working with them as a trusted partner. We remain focused on revenue growth using the full suite of GAM capabilities in response to client demand for an enhanced offering," head of GAM Fund Management ...