Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 811 - 820 of 5658 results for "EARN"

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
Fiducian has recorded an underlying profit increase of 11% and seen record net inflows of $309 million, as it sets its sights on New Zealand, Japan, South Korea and Thailand. Reporting to the ASX, Fiducian said its underlying net profit for the year ...

Brookfield names leadership for asset management business

CASSANDRA BALDINI  |  FRIDAY, 12 AUG 2022
... which will continue to be run by its co-chairs Howard Marks and Bruce Karsh. "The principal goal of the manager will be to earn strong returns for clients without exposure to undue risks while providing the highest quality service and continuously innovating ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
According to a survey of Australian investors, 50% are planning on investing this year's tax return in the stock market. Superhero surveyed 1300 investors who expected to receive a tax return. This figure increases to 59% of female Superhero investors ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
French utility company Veolia has agreed to sell its Suez's UK waste business to Macquarie Asset Management (MAM) for $3.5 billion. MAM will acquire 100% of the share capital of Suez Recycling and Recovery UK Group. Veolia has been selling off parts ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Australians are missing out on potential retirement returns by not regularly salary sacrificing, according to new research by Finder. A Finder survey has shown 86% of Australians don't top up their super fund regularly. What's more, it found only one ...

Australian Eagle team to join Montgomery IM

JAMIE WILLIAMSON  |  MONDAY, 8 AUG 2022
The team at Australian Eagle Asset Management will join Montgomery Investment Management as part of a new partnership next month. The six-person team, led by chief investment officer Sean Sequeira and senior portfolio manager Alan Kwan, will join under ...