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Showing 501 - 510 of 2928 results for "Stronger"

UK drags Bravura performance

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... itself to take advantage of the subsequent release of pent-up client demand. I am confident that Bravura will emerge stronger as the pandemic eases," he added. Bravura declared an interim dividend of 2.6 cent per share.

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... Michelle, "ma belle, these are words that go together well" (sorry got side tracked by the Beatles) rationales for the stronger-than-expected rebound in wages across Australia in the December quarter of 2020. Total wages growth rebounded from 0.07% in ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... O'Halloran said. "While the mergers are encouraging, we hoped to see more underperforming funds opt to merge with a stronger partner." Several mergers are currently in the works, LGIAsuper and Energy Super; NGS Super and Australian Catholic Superannuation ...

Westpac prioritises risk management

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... million. Westpac group chief executive Peter King said: "It has been a good start to the year with higher earnings, a stronger economy, and solid progress on our fix, simplify, perform strategic priorities." "Our first quarter 2021 result was higher ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... that the vaccination process leads to a faster-than-expected easing of containment measures and therefore an earlier and stronger recovery. Also, NextGenerationEU, the EU's recovery instrument of which the centrepiece is the Recovery and Resilience ...

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 ...

Better inflows ahead for Perpetual, Pendal: MS

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... inflows. The analysts marked down PPT's price target from $42.5 per share to $39 to account for lower offshore FUM from a stronger AUD. Morgan Stanley has an overweight rating on PPT and said the valuation is 'undemanding' at about 13x FY22E P/E and ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... central bank's February meeting was optimistic: "In Australia, the economic recovery is well under way and has been stronger than was earlier expected...underpinned by Australia's success on the health front and the very significant fiscal and ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
... - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it foresaw in June - due to "stronger-than-expected momentum in the second half of 2020". This stronger base, in turn, underpins a brighter outlook for 2021. The ...

International investors eye Aussie market

ELIZA BAVIN  |  MONDAY, 25 JAN 2021
... choice, topping the rankings for preferred investment locations in APAC. "Australian real estate will likely see much stronger interest from North American and European investors this year, with 100% and 83% of North American investors naming Sydney ...