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Showing 871 - 880 of 3401 results for "Revenue"

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... $7.6 billion. The average account size increased to $440,000 as at 31 December 2020, with the average annualised platform revenue per account increasing 6.5% to $1666. "As average account size increases, revenue streams are diversified and ancillary ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same period last year. Operating revenue grew 8% during the period to $401.4 million.

Class makes acquisition, profit up

ANNABELLE DICKSON  |  TUESDAY, 16 FEB 2021
... documentation and corporate compliance space. "The addition of ReckonDocs will see Class with approximately 14% market share by revenue of the corporate compliance and documentation segment," he said. "We are committed to delivering our customers the ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... USD. The Australian dollar's strength in the period wiped off about $12 million from Magellan's management fee revenue compared to the previous corresponding period. On the retirement product, Magellan said, it is still awaiting regulatory approval. ...

BetaShares to launch new fund

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
The exchange-traded fund (ETF) provider is set to launch a cloud-computing ETF later this month as it continues to build out its technology offering. The BetaShares Cloud Computing ETF (CLDD) will invest in companies that have taken advantage of the ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... 3.4% to $241.8 million and net interest income down 39.5% over the six months to December both due to low interest rates. Revenue increased 3.4% to $470.5 million and expenses rose 8.2% to $151.4 million to support variable market-related activity costs. ...

Local managed funds fee revenues shrinks

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
Wholesale managed funds reaped $4.5 billion in fee revenue in 2020 but average fees were down 6bps, according to new Rainmaker research. Rainmaker analysed more than 1000 managed funds which had $588 billion in total assets. The average fee wholesale ...

BlackRock appoints APAC lead

JAMIE WILLIAMSON  |  WEDNESDAY, 10 FEB 2021
... BlackRock head of international and of corporate strategy Mark Weidman said. "Rachel has piloted growth in assets and revenue in a complex EMEA region undergoing economic and regulatory shifts, while taking BlackRock deeper into local markets," he said. ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... However, the strength and resilience of our people see us placed in a strong position going into the new calendar year." Revenue increased in the Australian business by 28% on the first half of 2020 to $25.4 million, including Powerwrap's revenue of ...

Aware to focus on unlisteds over equities

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Aware Super chief investment officer Damian Graham says the super fund is focused on building its unlisted infrastructure portfolio before it puts any more of its cash into stocks. Following the COVID crash in the first quarter last year, Graham said ...