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14 February 2024 • By Keith Ford • 1 min read

CBA ‘optimistic’ as profit falls 3% in first half of FY24

The big four bank has reported a $5.02 billion profit for the first half of the financial year. Commonwealth Bank has posted a cash net profit ...

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Australian bond market grows in appeal amid macro uncertainty

Schroders has outlined the case for bond markets as an attractive way to add high levels of quality income this year as it positions overweight ...

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Macquarie reports profits ‘substantially down’ from FY23

In its latest quarterly update, the bank has announced its year-to-date NPAT declined amid ongoing uncertainty. Macquarie Group has reported a ...

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International equities ETF growth trumps domestic peers

International equities exchange-traded funds (ETFs) received the highest inflows in January as investors returned to the asset class. The ...

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Challenger takes aim at super funds, boosts lifetime annuity sales

Challenger reported growth of 190 per cent in lifetime annuity sales, having realised an “extraordinary” opportunity in retirement. In its ...

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Active management returns linked to ‘naive’ alpha, asset manager says

New findings reveal that the majority of active managers are achieving additional returns by adhering to a long-term investment style. Innova Asset ...

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Equity markets: What will happen when interest rates fall?

The conclusion of the recent rate hiking cycle ignited a surge in what market analysts are calling an “everything all at once rally”

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Fiducian posts 9% FUMAA growth

The ASX-listed financial services firm expects positive returns for its clients this year despite volatility. In its half-year results released to ...

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Prime Financial to acquire boutique alternative asset manager

Prime has entered into an agreement to acquire an alternatives funds management platform and two core strategies. Prime Financial Group has entered ...

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Ad campaign alleges Vanguard ‘refuses’ to mitigate climate risk

The Vanguard SOS campaign has launched two new ad campaigns in the US, targeting the asset manager over its alleged role in the climate crisis

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