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Showing 1051 - 1060 of 9693 results for "Lowe"

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
HESTA has joined calls for superannuation to be paid on Commonwealth Paid Parental Leave entitlements, saying modelling shows it could see a mother of two retire with $14,000 more in her account. The super fund has joined a coalition of 18 organisations ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
Magellan has reported a drop in its adjusted net profit after tax and declared a significantly lower dividend. Magellan has reported a 3% drop in its adjusted NPAT to $399.7 million. Last year it was $412.4 million. Its average funds under management ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

A solution to active fund underperformance

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
New analysis by VanEck questions why so many investors continue to invest in active funds, saying underperformance by active managers is not a recent phenomenon. According to the SPIVA scorecard produced by the S&P Dow Jones Indices, over the last 15 ...

GQG Partners net revenue jumps 21.3%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
GQG Partners (GQG) has reported a 21.3% jump in its net revenue, up US$222.7 million from US$183.5 million last year. In its mid-year financial results for the period ending June 2022, it reported a 2.4% increase in funds under management (FUM) sitting ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...

Office properties here to stay: AMP Capital

ANDREW MCKEAN  |  THURSDAY, 4 AUG 2022
Speaking at the Wollongong leg of Financial Standard's Advisers Big Day Out regional roadshow, AMP Capital portfolio manager Christopher Davitt said despite pandemic pressures and the subsequent workplace trends, the outlook for office investments remains ...