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Showing 601 - 610 of 1553 results for "Offset"

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
... lower than the prior corresponding period. Perpetual attributed the dip to ongoing volatility in equities markets, "which offset good cost control and long-term outperformance of the funds." Perpetual Private, the company's private wealth advice business ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
... in the second quarter - the fastest rate of decline on record and the fourth consecutive quarterly fall. This was partly offset by the 3.7% increase in public engineering construction over the same period. The value of building work done increased by ...

Real assets drive AMP Capital profit boost

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
... on property and infrastructure. While costs increased 11% year-on-year to a total of $94 million, this expenditure was offset by a 15.3% increase in operational earnings to $83 million and an additional $32 million income for the year generated by fee ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
... personal lines in Australia and New Zealand was well as CTP volume growth. The company anticipates any such growth will be offset by continued tough conditions in commercial markets and an approximately $130 million reduction in GWP from the sale of ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
... election; Fed interest rate policy; and China's efforts to deal with a structurally slowing economy". These have been slightly offset by erosions in aggregate monthly hours worked, the Westpac/MI Consumer Sentiment Expectations index and the Westpac ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
... Private consumption growth accelerated to 1.9% (quarter-on-quarter) in the June quarter from 0.9% in the first. This was offset by declines in government spending (-3.6%), private capital investment (-3.3%) and exports (-3.3). Year on year, Thailand's ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
... million the previous year. CBA said the result was driven by growth in funds management income and lower operating expenses, offset by lower investment experience. Income from funds management grew 2% to $1.89 billion while average assets under management ...

ANZ nine-month cash profit down

KERRIE SYDEE  |  TUESDAY, 9 AUG 2016
... increasing at a quicker rate than expenses. Increased costs stemming from technology, depreciation and project costs were offset by productivity savings including lower full time equivalent employee numbers. The reduction in full time equivalent employees ...

Economic Wrap

ALEX DUNNIN  |  THURSDAY, 4 AUG 2016
Why Australia's banks passed on only half this week's rate cut Australia's banks are being heavily criticised for not passing on the full effect of this week's rate cut to consumers in lower mortgage rates. But with almost 60% of bank funding coming ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 3 AUG 2016
... these details are still being defined), relief for people and communities effected by natural disasters, and measures to offset the expected impacts on Japan of Brexit. It will also contain policy responses to address Japan's complex regulatory structure. ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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