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Showing 1471 - 1480 of 7034 results for "December"

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... incumbent. Net profit after tax dropped 3.4% to $241.8 million and net interest income down 39.5% over the six months to December both due to low interest rates. Revenue increased 3.4% to $470.5 million and expenses rose 8.2% to $151.4 million to support ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... 1.9% in February from 107.0 in January. Although it's lower than the 10-year high reading of 112.0 registered in December 2020, the current reading is the best in eight years and is above its long-term average of 101.3 points as "unemployment expectations" ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... Bank has rewarded shareholders with a generous dividend payout despite its latest results falling short of expectations. December 2020 half-year results show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding period. ...

Northern Trust hires from Dimensional

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... of the local institutional market, Financial Standard first reported. The firm had US $1.1 trillion in total assets at December 2020.

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... growth, corporate profitability and by extension, share prices. And it has. Japanese exports dropped by 4.2% in the year to December 200 -- the 24th straight month of declines and the longest stretch on record based on comparable data going back to 1979. ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... third quarter of the financial year ending 31 March 2021. MAM had assets under management (AUM) of $550.9 billion at 31 December 2020, down 1% from September 30. During the third quarter Macquarie Infrastructure and Real Assets (MIRA) equity under management ...

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... sale. On February 3, Pinnacle reported 14% year on year growth in its total funds under management to $70.5 billion at December end. Net profit after was up 120% to $30.3 million. PNI shares continued to climb up in the next three trading days, trading ...

Antares promotes on equities team

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... listed in the S&P/ASX 20 Total Return Index) since May 2015 inception. One year returns for the strategy sat at 16.2% to December end compared to the benchmark's 1.2% over the period. Its biggest holdings are in metals and mining (19.2% of the total ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... added 49,000 jobs in January -- lower than market expectations for a 50,000 increase and followed the 227,000 lost in December 2020....and the clincher: "I've spent many years studying inflation and worrying about inflation, and I can tell you, we ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... Over the duration of the scheme, $37.3 billion was removed from the superannuation industry from 20 April 2020 to 31 December 2020. The ERS scheme surpassed Treasury's initial estimates of $29 billion but has fallen short of its revised estimates of ...