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Showing 211 - 220 of 1583 results for "valuation"

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
Macquarie Group has posted a net profit of $1.6 billion for the half year ended September 30, marking a 14% increase from the previous corresponding period. Macquarie managing director and chief executive Shemara Wikramanayake said improved performance ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... benefit from having analysts on the ground in the regions they cover, MLC added, noting it has a multi-pronged approach to valuation - fundamental, qualitative, and quantitative. "There's no impact on management fees as a result of these changes," ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... expectations," Tedder said. "It may be time to look at areas that have been out of favour and have become attractive from a valuation standpoint. Certain sectors such as utilities, REITS, biotechnology, and alternative energy are potentially more interesting ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... to looking beyond the index - Morningstar said it sees greater merit in global markets, such as Chinese equities on valuation grounds and other select emerging markets. Global equities broadly rallied, with China hailed as a "standout performer." Economic ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... distributions and the underlying properties. Charter Hall and Hostplus said they felt the offer provided a compelling price and valuation relative to HPI's historical and undisturbed trading levels. They noted the offer was a 17.7% premium to HPI's undisturbed ...

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Queensland Investment Corporation's (QIC) earnings topped a record $8.9 billion in the last financial year, buoyed by most investments outperforming their targets. QIC's assets under management also increased to $111.7 billion with the help ...

PineBridge brings flagship lifecycle fund down under

MATTHEW WAI  |  MONDAY, 30 SEP 2024
PineBridge Investments has launched the PineBridge (AU) Global Focus Equity Fund to local wholesale investors. PineBridge's head of Australia Clinton Grobler said the new fund marks a "step change" in its Australian business. "I believe Global Focus ...

Global X launches latest global equity ETF

MATTHEW WAI  |  THURSDAY, 26 SEP 2024
... strategist Marc Jocum said. "Some global share markets are currently trading above their historical long-term average valuation, potentially prompting investors to seek out companies with robust earnings growth and solid financial strength that are more ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... retaining a compliance consultant to conduct a review of its policies and procedures relating to, among other things, valuation of CMOs and associated liquidity risks, and cross trading. In response, MAM said: "We have already undertaken and are focused ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... and life-expectancy products provide far less flexibility than more modern account-based income streams in terms of valuation and payments setting, according to an explanatory statement issued by assistant treasurer and minister for financial services ...