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Showing 191 - 200 of 1305 results for "Surprise"

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... Confident businesses beget confident consumers (through the labour market), making the jump in consumer confidence hardly a surprise. The Westpac-Melbourne Institute index of consumer confidence rose by 2.6% to a reading of 111.8 in March, "just 0.2 ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... levels." Market Forces executive director Julien Vincent told Financial Standard Woodside's results aren't a surprise, but they should still be food for thought for Australian super funds invested in the company. "No one is going to be pleased. ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
Magellan reported a small increase in its net profits, despite a 70% drop in performance fees and a stronger Australian dollar. Net profit after tax for the six months ending December 2020 was $202 million, up 3% from the same period in 2019. Total ...

Workers being offered nothing: Keating

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia annual conference opened with the creator of super, former Prime Minister Paul Keating, alleging the government is swindling workers. Discussing the suggestion that the current government may forgo ...

Sydney firm launches new venture capital fund

KANIKA SOOD  |  MONDAY, 8 FEB 2021
... professionals and am seeing continuous deal-flow of innovations coming from the medical community. This shouldn't come as a great surprise given our best and brightest have been going into medicine but what has changed is a strong entrepreneurship mindset ...

Kapstream wins JANA allocation

KANIKA SOOD  |  MONDAY, 8 FEB 2021
... Insight Investment Partners, Loomis Sayles, UBS Asset Management and Wellington Asset Management. "...it hasn't been a surprise that we've seen renewed interest in our strategy which above all else emphasises preservation of capital and liquidity with ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

What to expect from February reporting season

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
On February 18, ASX-listed companies with a combined market cap of over $400 billion will release their results and sell-side analysts at Morgan Stanley are bullish. Morgan Stanley analysts recently upgraded their target for ASX200 from 6700 points ...

Super fund ESG targets lack clarity: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021
Superannuation funds need to set clear, transparent emissions reduction targets for their investment portfolios that are based on metrics that can be compared across the industry, according to recommendations from the Australasian Centre for Corporate ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... practices. "We knew there were about 250-300 firms they gave notice to that they were terminating, so it's not a surprise," The Advisers Association chief executive Neil Macdonald told Financial Standard last month. He explained that the practices ...