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Showing 3051 - 3060 of 7106 results for "June 2023"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
Australia consumer inflationary expectations If it's anything to go by, the latest result from the Melbourne Institute's survey of consumer inflationary expectations, along with the resurgence in the Australian dollar, would strengthen speculation for ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
Magellan Financial Group has seen its net after tax profit increase 14% to $198.4 million in the last financial year. Funds under management rose 11% to total $40.5 billion at 30 June with 83% of assets in global equities and 17% in infrastructure equities. ...

Non-super investments increasing sophisticated strategies

DARREN SNYDER  |  THURSDAY, 11 AUG 2016
Financial services consultant Rice Warner believes there are opportunities for wealth management professionals to capitalise on personal investments outside of superannuation and in a market not always readily recognised. In its Personal Investments ...

Morphic fund added to wraps

DARREN SNYDER  |  THURSDAY, 11 AUG 2016
A Sydney-based global equities manager is gaining further traction following its flagship fund being placed on several wraps and platforms. Morphic Asset Management's Global Opportunities Fund, known for its steady risk-adjusted returns, is now available ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
... month. Japan machinery orders At last, some rare good news out of Japan. Machinery orders jumped by 8.3% in the month of June - the first expansion since March -- that followed a 1.4% fall in the previous month. Market expectations were for a 3.1% gain. ...

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
K2 Asset Management says investor confidence was "the only true fatality" coming out of the Brexit referendum and it is encouraging investors to ride out the ebbs and flows of equity markets. In releasing the firm's FY16 results, chairman Campbell Neal ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
Australia business confidence Brexit and the close 2 July Australian Federal elections dented Australian business sentiment as could be expected, but only just. The National Australia Bank (NAB) business confidence index eased to a reading of plus 4 ...

Super funds return three per cent

MARK SMITH  |  TUESDAY, 9 AUG 2016
Superannuation funds have returned an average of 2.9% for the 12 months to 30 June as measured by the SelectingSuper workplace default option MySuper Index, propped up by property and fixed income. The SelectingSuper workplace default option MySuper ...

Antipodes to launch global equities LIC

ALEX BURKE  |  TUESDAY, 9 AUG 2016
Antipodes Partners is launching a global equities listed investment company. It will give retail investors access to the global equities market. The portfolio of the company will be based on the Antipodes Global Fund, which was declared by Morningstar ...