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Showing 941 - 950 of 3401 results for "Revenue"

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... said advisers need to ensure licensees have the necessary scale and structure in place to manage the transition to new revenue models or they risk significant fee increases. "Advisers are now more focused on what they get for their money and are looking ...

Australian Business Growth Fund launches

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... to apply for long-term equity capital investments between $5 million and $15 million, where they have generated annual revenue between $2 million and $100 million and can demonstrate three years of revenue growth and profitability, allowing for the impact ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
... money, with total trading losses of around $32 million. The Federal Court found that such trading losses translated to revenue earned by AGM, OTM and Ozfin. One example highlighted was that: "The account managers engaged on behalf of OTM were instructed ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... Package and $74 billion under the JobMaker plan, unveiled in the Treasury's 2020-21 Budget on October 6. Business revenue money as the "ongoing success across the nation in containing the COVID-19 outbreak" have seen/should see restrictions and border ...

Perpetual talent departs

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... fall 29% year on year. The business blamed increasing outflows from its investment business and COVID-19 for the decline. Revenue for the full year also dropped, down 5% to $489.2 million, reflective of a lower level of funds under management (FUM). ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... the country. "The government estimates domestic travellers generated around 466 billion yuan ($68.6 billion) in tourism revenue during the holiday period." (CNBC) While the Financial Times report that this is well below 2019's total of 782 million ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
... an opportunity to offer Bravura's other products to Delta's client base." Bravura said, building on the FY20 pro forma revenue of GBP6 million, Delta is forecast to achieve revenue growth in the range of 20-30% with margins similar to Bravura's wealth ...

AUSTRAC releases guidance on wildlife trafficking

ALLY SELBY  |  MONDAY, 12 OCT 2020
AUSTRAC private-public initiative the Fintel Alliance has released a financial crime guide to combat Australia's illegal wildlife trafficking industry. The guide, developed in partnership with the Department of Agriculture, Water and Environment, draws ...

Morgan Stanley to acquire Eaton Vance

JAMIE WILLIAMSON  |  FRIDAY, 9 OCT 2020
... to generate attractive returns through increased scale, improved distribution, cost savings of about $209 million and revenue opportunities. Eaton Vance chief executive Thomas E. Faust, Jr. said joining Morgan Stanley will further accelerate Eaton Vance's ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Netwealth has experienced a leap in inflows for the September quarter of $1.9 billion, bringing total funds under administration to over $34 billion. The figure represents a 24.5% increase in FUA net inflows against the prior corresponding period. Its ...