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| | | Despite employing fewer staff and a reduction in client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from ... |
| | | | ... target completion date of the transaction is the end of July. The purchase consideration of up to $3.15 million is payable in cash and shares over a period of two years post completion. The final tranche is subject to a performance hurdle payable in ... |
| | | | ... Switzerland and Korea," he said. "With the closure of PEC V, we are excited for the next step of seeking to deliver significant cash returns to our investors through investing in growth-oriented, disruptive companies." PEC V leveraged an alpha-orientated ... |
| | | | ... abandoned unlisted managed equity funds in record amounts in the June quarter, data from Calastone reveals, as they look to cash and fixed interest for security. Some $2.8 billion is the largest outflow Calastone has recorded in the last five years in ... |
| | | | ... has exposure to some quality companies, with around half our 30 private holdings profitable, and none are burning a lot of cash, he added. In January, Alium appointed Matthew Newham as its head of distribution. Prior to Alium, Newham served as head of ... |
| | | | The Reserve Bank of Australia's (RBA) decision to hold the cash rate at 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts ... |
| | | | ... international and domestic equities. Another 37% is in asset classes that saw positive returns, like Australian fixed income and cash. The 9% average return prediction is supported by those funds that have already publicised their annual result. AustralianSuper's ... |
| | | | ... and softness, it's often the best time to be taking advantage of opportunities." Currently, Cbus has elevated levels of cash due to its defensive stance across its portfolio, readying to seize new prospects as they emerge. Though, the fund has its ... |
| | | | ... platform features, so advice firms will continue to be able to access a rich suite of online features, such as sophisticated cash management tools, managed accounts technology and automated rebalancing and Record of Advice functionality," Netwealth added. ... |
| | | | ... markets offer better exposure to sectors like healthcare and technology. "As you get bigger, and because of the positive cash flows, funds are growing faster than the investment opportunities in Australia. Investing offshore also allows the fund to access ... |
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