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Showing 841 - 850 of 3401 results for "Revenue"

Cboe acquires Chi-X

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... perspective and is expected to be nominally accretive to the company's adjusted earnings in 2021. Chi-X Asia Pacific had a net revenue for the year of 2020 of approximately $26 million, reflecting 26% growth on the previous year. "With the planned acquisition ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... acquisition allows us to integrate CTS's deep client relationships and market expertise to deliver additional recurring fee revenue. We also see the potential for improved returns and margin expansion through new product development and innovative technologies ...

Harvey Kalman to leave Equity Trustees

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... best for the future," said Equity Trustees managing director Mick O'Brien. Equity Trustees reported $48.3 million revenue for the six months ending December 2020, largely in line with the revenue for the same period the previous year. Net profit ...

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... (where relevant). Pricing for this service has not yet been finalised," the HUB24 spokesperson said. HUB24's platform revenue for 1HFY21 was $43.8 million (up 25% on same time the previous year). At September 2020 end, it had about $19 billion in ...

Client communication investment needed: Research

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
Asset managers are struggling to get a handle on client communication demands, believing it does not lead to revenue generation, new research shows. Investment management solutions provider SimCorp surveyed 20 buy-side firms globally and found 65% believe ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... in a democracy," ISA said. Aware Super suggested that the introduction of a threshold based on the percentage of fund revenue (for expenditure) and funds under management (for investment) - would help to reduce the potential negative impact on members. ...

Pendal group chief executive to step down

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... ETF business with responsibility for North America and Latin America regions. Pendal credited him with growing US SPDR revenue from US$359 million in 2015 to US$491 million in 2017. Prior to State Street, Good spent eight years at BlackRock, including ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... accounting practice prepare annual accounts and tax returns for SMSF clients - ASIC determined this action created extra revenue for Thorne. "ASIC first took action in this matter because the law requires that financial advisers act in their clients' ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... staff encouraging customers to consider Essential Super and of written agreements between CBA and CFS promising to pay revenue connected to Essential Super back to the former are not controversial. "One of the essences of our case is simply this, that ...

Citi moves to double wealth business revenues

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... hub in Sydney to cater to a larger high-net-worth client base. Citi said the move will support its goal to double the revenue of its wealth management business over the next three years. The new wealth hub is in Citi's Sydney CBD office, and is designed ...