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Showing 1211 - 1220 of 9694 results for "Lowe"

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
Commonwealth Bank reported first half results for 2022 with profit and dividend up significantly on the first half of 2021. The big bank reported statutory NPAT of $4.7 billion, up 26% on 1H21. Cash NPAT was up 23%, also at $4.7 billion. CBA paid a ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

GAM partners with Liberty Street

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
GAM Investments announced that it has entered a strategic partnership with Liberty Street Advisors. Liberty Street is a private market investment firm focussed on late stage, high-growth innovation companies. Through the new partnership, GAM plans to ...

CFA releases disappointing pass rate

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Only 27% of candidates who sat the latest Chartered Financial Analyst (CFA) level one exam passed. The November exam, which had 28,170 aspiring investment management professions undertaking the session, saw a marginal improvement compared to the May ...

Inflation to hit ASX returns

ELIZABETH MCARTHUR  |  MONDAY, 7 FEB 2022
According to new quantitative analysis, higher inflation in Australia is set to have a negative impact for ASX investors. SigTech, a quantitative technology company, provided analysis on how various inflation levels over the past 50 years have impacted ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
Vanguard's decision to hand back institutional mandates has been good news for State Street Global Advisors, BlackRock and several other managers, analysis shows. In October 2020 Vanguard announced it would hand back mandates to super funds ahead of ...

Munro launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 4 FEB 2022
Munro Partners and GSFM have launched the Munro Concentrated Global Growth Fund on the ASX, under ticker code MCGG. MCCG.ASX has a management fee of 0.70% per annum of the net asset value of the fund. It aims to maximise long term capital appreciation ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Pinnacle Investment Management shuttered one of its affiliates just two years after it acquired a stake. Reminiscent Capital, a discretionary Asian macro strategy, folded in November 2021, resulting in a $1.8 million write off. Pinnacle hoped that Reminiscent ...

Future Fund now over $200bn

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
Australia's sovereign wealth fund has cracked $200 billion in assets for the first time, its latest portfolio update has revealed. Future Fund continued to grow over the December quarter, contributing to an annual return of 19.1% for the calendar year ...