Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 7534 results for "Average"

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... improved transparency measures. The proposal, developed in conjunction with Spheria Asset Management, is contingent on the average daily NTA discount of SEC. If this discount exceeds 5% during the period from 1 October 2024 to 31 December 2024, SEC intends ...

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
... The asset management giant also reported flat full year revenue primarily driven by the negative impact of markets on average AUM, partially offset by higher technology services revenue. "As we've seen before, when investors were ready to put money back ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... hold at current rates before commencing an easing cycle in September 2024," Lawson said. "We price a more modest than average easing cycle, of around 175 basis points, spread over 12 months." Lawson said she also sees the risks skewed to the downside ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... was a like-for-like decrease of about $124 million on prior book values, or a decline of 5.6%. Meanwhile, the weighted average capitalisation rate across the portfolio grew 26 basis points from June to December end, coming in at 6.26%.

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... was a like-for-like decrease of about $124 million on prior book values, or a decline of 5.6%. Meanwhile, the weighted average capitalisation rate across the portfolio grew 26 basis points from June to December end, coming in at 6.26%. As at 30 June ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... half with "grounds for cautious optimism". "We also expect that opening FUM as at 1 January 2024 will be higher than the average during 1H FY24 and this will contribute to the 'skew' in our results, which tends to see profitability higher in the second ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... qualified financial planner and will receive great value, as the benefits of financial advice far outweigh the cost for average as well as wealthy Australians," she said. "We have a financial system that's so complex that the average Australian simply ...

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... Meanwhile, Magellan reported an uptick in its FUM, closing the year at $35.8 billion from $35.2 billion in November. On an average basis for the six months to December 2023, Magellan's FUM was $36.9 billion - down 31% compared to the prior corresponding ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... limits every three years in line with the higher of the percentage increase in the Consumer Price Index and the Male Total Average Weekly Earnings. Since its inception, AFCA said it has recouped $1.2 billion in compensation and refunds for more than ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... businesses, as it removes the need for them to wait on the phone to speak to a consultant," Weber said. "In fact, the average wait time to get in touch with a consultant via live chat is up to three times shorter than over the phone and nine out of 10 ...