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Showing 71 - 80 of 1129 results for "Gross"

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... term deposits but with lower volatility than equities," Mason added. "This has been reflected in the strong 11.01% p.a. (gross of fees) return, 6.70% above the cash rate, the fund has delivered over a one-year period, whilst also maintaining consistent ...

Elanor shakes up leadership, sells down fund

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... Commercial Property Fund (ASX: ECF) to the Lederer Group for nearly $24 million, valuing each share at $0.60. ECF had a gross asset value of $493 million at the end of June 2023. Proceeds from the sale will be used for working capital and to reduce debts ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
Australian gross domestic product (GDP) rose just 0.2% in the June quarter 2024 and by 1.5% in the 2023-24 financial year, according to the Australian Bureau of Statistics (ABS). ABS head of national accounts Katherine Keenan said: "The Australian economy ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... of fraud amounting to $5,958,870 in losses for former clients. Judge Moynihan said Jayaweera's conduct was "brazen, gross, and callous" and that his actions "were not only criminal but evil, demonstrating no remorse". Judge Moynihan found evidence ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... defined as those meeting at least two of the following criteria: consolidated revenue exceeding $500 million, consolidated gross assets values over $1 billion at the end of a financial year, or more than 500 employees. These requirements will take effect ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... reporting a 13% increase in assets under management to $9.7 billion year on year. MA Financial also reported a healthy growth in gross inflows of $1.1 billion, up 16% on 1H23. However, while underlying revenue saw 5% growth from the prior corresponding ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... Alliance has reported a 20% increase in EBITDA for FY24 of $9.1 million and NPAT of $7.8 million, up $1.5 million from FY23. Gross revenue across the network of licensed financial advisers and self-licensed firms increased by 6% to $288 million. In addition ...

Managed funds bounce back after bearish Q1: Calastone

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... looser monetary policies. "Despite record outflows in Q1, trading in equity funds was very active throughout 1H 2024, with gross turnover notably higher than for fixed income funds. This shows that investors are actively allocating capital and that equity ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... Current could also receive up to an additional US$28.7 million as an earnout payment based on certain Victory Park Capital gross revenue milestones measured in calendar years 2025 and 2026. Commenting on the transaction, Pacific Current chair Tony Robinson ...

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... the second time after it completed its first close in late 2023, raising over $115 million. The real estate fund targets a gross IRR of 15% to 17%, which also invests in senior and mezzanine debt in Australia and New Zealand. ADPF2 is eyeing $350 million ...