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| | | ... to our fair value estimate, and we view the sector as significantly overvalued overall," Morningstar analysts said. Financials performed well in the last quarter and profit growth is expected to be weak in the short-term due to credit growth and cost-cutting ... |
| | | | The robo-advice business has appointed a head of superannuation and partnerships, hiring from Vanguard. Enid Lal started in the newly created role on August 16. She will lead product initiatives to support Stockspot's direct clients including SMSFs ... |
| | | | ... of any matters of risk which could impact upon potential investors in terms of future prospects," he said. He says financials looking to list must disclose specifically any potentially significant risks, even if it has a low likelihood of occurring. ... |
| | | | ... 2020 Covid lows, the last six months of the financial year have seen a recovery in value stocks, and in particular financials and materials," Mercer head of portfolio management Ronan McCabe said. "Cyclical stocks in the financials, materials and consumer ... |
| | | | ... investors with regular income, whilst diversifying investors' portfolios that are often heavily skewed towards Australian financials," Quin said. "We have been investing in global credit markets and capital securities for many years and we look forward ... |
| | | | ... ahead. Citi Australia and New Zealand's research team is consistently ranked and highly regarded in diversified financials, insurance, small caps, technology and retail, and considered a thought-leader in the growing ESG sector." |
| | | | ... Balanced Equity Management, which became a wholly-owned subsidiary of FTIA in 2011. Its biggest sectoral holdings were in financials (32.8% of the fund), materials (21.27%) and industrials (8.79%). Individual top shareholdings were Westpac, BHP, Telstra ... |
| | | | ... median EM equities fund's returns of 6.4% p.a. The strategy invests in information technology (23.6% of the portfolio), financials (20%), consumer discretionary (19.5%), materials (11.7%) and others. Stocks listed in China, Taiwan and India account for ... |
| | | | ... drivers," McCabe said. Overall, Westpac, ANZ and NAB were the three largest contributors to the index's performance. Financials were the standout contributor, delivering 12.1% over the quarter, followed next by communication services and consumer ... |
| | | | ... "has almost given up" on rebuilding AMP after its recent woes, instead looking for a takeover bid. "A number of major financials in Australia have looked at it and walked away as it has too much baggage," he said. "It makes sense for private equity or ... |
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