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Showing 1 - 8 of 8 results for "UPAT"

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... increase to its underlying net profit after tax and operating revenue in the half-year to December. Underlying profit after tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the Pendal acquisition and higher ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... underlying net profit after tax and operating revenue, largely due to the Pendal acquisition. Underlying profit after tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the acquisition and higher wealth management ...

Australian Ethical hits $9.2bn, focus turns to back-office

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... successor fund transfer (SFT) with Christian Super. In an ASX announcement, the company reported underlying profit after tax (UPAT) of $11.8 million, representing a 15% increase on the previous financial year. Financial year results also showed customer ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... expected to be approximately 21% than the first half, fuelled by higher average FUM. Moreover, underlying profit after tax (UPAT) for the same period is projected to rise by around 30% over the first half result, ranging from $6.3 to $6.8 million. This ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... assets under management (AUM) of $93.7 billion, up 4% on the prior half but the same as January. Underlying profit after tax (UPAT) was also down to $67.0 million. Perpetual said this was due to the decline in average equity markets and net fund outflows ...

Australian Ethical forecasts 86pct profit jump

MARK SMITH  |  THURSDAY, 19 MAY 2016
... than the last financial year. Total expenses are forecast to be 1% higher than the prior year. Underlying Profit after Tax (UPAT) for the 12 months ending 30 June 2016 is expected to be the same as NPAT, with no adjustments for the period. UPAT for the ...

Perpetual launches Global Share Fund on profit rise

MARK SMITH  |  FRIDAY, 29 AUG 2014
... annualised savings of $50 million pre-tax to date. Since launching the strategy in 2012, NPAT has increased threefold and UPAT is up 59%," Lloyd said. "Our attention is now on growth." The launch of the new fund is a signal of that intent. Lloyd said ...

TRU acquisition boosts Perpetual growth

LAURA MILLAN  |  THURSDAY, 27 FEB 2014
Perpetual underlying profit after tax (UPAT) grew 37% on the first half of financial year 2014, compared to the previous period, reflecting the acquisition of The Trust Company. Perpetual UPAT reached $48.1 million, while its statutory net profit after ...
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