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Showing 1121 - 1130 of 6746 results for "Profit"

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... The data is in line with APRA's quarterly life insurance performance statistics which painted a bleak picture with net profit after tax down 95.6% to $18 million while total revenue down 27.4% in the September quarter. The results are worse year on year ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
Wall Street's down. Repeat, Wall Street's down! The CBOE VIX index - the fear gauge - jumped by 9.5% in the last trading day of the first month of 2021 to 33.09 points, marking the highest since the renewed COVID-19 outbreak in Europe that subsequently ...

Billionaires profit from pandemic: Report

KARREN VERGARA  |  FRIDAY, 29 JAN 2021
The nation's wealthiest saw their fortunes increase by nearly $85 billion during the COVID-19 pandemic, a global survey highlighting the widening income-inequity gap shows. Thirty-one Australian billionaires saw their bank balances swell between March ...

BlackRock reinforces commitment to ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021
BlackRock will push companies to disclose plans for their transition to a net-zero carbon economy, chief executive Larry Fink stated in his annual letter to company leaders. Fink's annual letter to chief executives sets the engagement agenda for the ...

Waste key to economic recovery: CSIRO

ELIZA BAVIN  |  MONDAY, 25 JAN 2021
The CSIRO has published a roadmap to economic recovery finding innovation in Australia's waste management space could triple job creation. The National Circular Economy Roadmap suggested the key strategy for creating jobs and reclaiming billions ...

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... Partners based in Shanghai and Wachovia based in North Carolina. The group, listed on the ASX as EDC, also announced its profit guidance for the half year to December 2020, flagging that it made $2.5 million in net-profit after tax (subject to an audit ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
Australians all let us rejoice! Less than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." ...

Natixis launches racial equity strategy

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
... and unequal access to health care, environmental controversies, and discriminatory lending practices are excluded. Non-profit JUST Capital and Venn Diagram Partners assist in providing data. "The firm believes investments can directly address diversity ...

Former Trump aide launches crypto fund

KARREN VERGARA  |  MONDAY, 18 JAN 2021
... of bitcoin as an emerging asset class. "We believe the merits for including Bitcoin in investment portfolios as both a profit driver and a hedge to rampant currency debasement have never been more compelling," it said. "The future is always uncertain ...

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... clients who Pendal says rebalanced their portfolios. Two well-performing strategies saw $300 million in outflows following profit-taking. Pendal Australia's net outflows for the period were $200 million. This included $400 million from Australian ...