Powered by MOMENTUM MEDIA
investor daily logo

Markets

markets

10 May 2022 • By Jon Bragg • 1 min read

Sustainable fund inflows crash in first quarter

Morningstar found that sustainable fund flows fell substantially during the first quarter but held up better than the market overall. Sustainable ...

READ MORE
icon

BetaShares set to launch food-based ETF on ASX

One of Australia’s biggest fund managers, BetaShares has added a new food-themed exchange-traded fund (ETF) to its existing broad range of investment ...

READ MORE
icon

Pendal announces strong H1 results in 'tough' environment

The global investment manager’s NPAT was up 8 per cent on the year to $96.7 million in the first half of 2022. Pendal reported a revenue boost of ...

READ MORE
icon

‘Ghost of stagflation’ presents opportunities for investors, says deVere CEO

Investors should ensure they are well diversified as market volatility persists, according to deVere’s Nigel Green. deVere Group CEO Nigel Green ...

READ MORE
icon

Banks report $14.4bn profit amid pressure on net interest margins

Australia’s major banks have reported a significant boost to their bottom lines and returns in the first half of the 2022 financial year, signalling ...

READ MORE
icon

Magellan offloads Guzman y Gomez stake to focus on core funds business

Magellan is shedding layers in an effort to focus on its core funds management business. Magellan has announced the sale of its 11.6 per cent ...

READ MORE
icon

Westpac cash earnings up 71%

The big four bank has released its half-year 2022 results. On Monday, 9 May, Westpac reported cash earnings of $3.1 billion; a 71 per cent increase ...

READ MORE
icon

War and inflation spark renewed interest in gold

Gold often ranks near the top of investors’ list of ‘safe-haven’ options, but demand for its relative stability is intensifying as soaring inflation ...

READ MORE
icon

Younger investors demand greater ESG input

When investors are looking for the biggest long-term returns, they’re usually most interested in robust industries and ideas that will generate cash ...

READ MORE
icon

Block continues to absorb Afterpay expenses

Block clocked gross profit growth of 34 per cent in the first quarter, with CashApp raking in its highest quarterly inflows on record. Block has ...

READ MORE