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Showing 931 - 940 of 3401 results for "Revenue"

Iress delivers on advice, super

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
Iress has delivered a strong revenue performance in the third quarter in Australia driven by financial advice and super which was up 12%, and secured several new mandates in the process. Iress said the Q3 result is consistent with the prior corresponding ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... have stood at $146.8 million or 10% lower than last year. Pendal's average FUM was $94.8 billion (down 4%) and fee revenue was $474.8 million (down 3%). Base fee margin slid by 1 bp to 48 bps, which the company attributed to change in asset mix during ...

Crestone revenue up 12% to $120.5m

KANIKA SOOD  |  MONDAY, 2 NOV 2020
Crestone Wealth Management reported revenue of $120.5 million for FY20, as it added $1 billion in net new client money and nine new advisers during the year. The high-net-worth-focused advice firm had an EBIT of $10.8 million, down from $11.5 million ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... been attributed to credit impairment charges of $2.74 billion. ANZ chief executive Shayne Elliott said the bank's revenue and operating expenses were largely the same but the impact of COVID-19 on the bank was the impairment charge. "But the real ...

Frontier Advisors eyes international clients

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... multiple consultants on project basis instead of keeping just one on a fixed-term retainer. Currently, about 85% of its revenue comes from superannuation funds. In the next five years, it wants non-super clients' revenue contribution to go up from current ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... review of St James Place to engage a consulting firm to review its cost base. Credit Suisse thinks the risk to Magellan's revenue from the review is low. "After reading the letter we remain comfortable with MFG's FuM sourced from SJP with PrimeStone ...

Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
"This day belongs to every single Victorian, every single Victorian who has followed the rules, stayed the course, worked with me and my team, to bring this second wave to an end." This was what state premier Dan Andrews told all Victorians and the ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... transformation plan, the leading positions in the markets in which it operates and the expected recovery in market driven revenue as the economy improves as proof of higher value. "The board also notes that the proposal prove is described as indicative ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
The research team behind ARK Invest have released a new 'bad ideas report', revealing the industries they believe investors should avoid. Top of the list of bad ideas was physical bank branches, as the ARK researchers think consumer banking will shift ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
... Australian and international SRI equities. The new screens on the SRI option will exclude businesses that earn 5% or more of revenue from fossil fuels and their supply chains, and provide scope to remove organisations that don't meet ESG standards. ...