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10 February 2022 • By Jon Bragg • 1 min read

Sustainable investing reaches record levels

More than $44 billion is now invested in sustainable funds across Australasia. Sustainable funds in Australia and New Zealand received record flows ...

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NAB posts $1.8bn profit as lending and deposits grow

The big four reported a statutory net profit of more than $1.8 billion for the first quarter of 2022.  In a statement to the market on Thursday, ...

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AMP reports a $252m net loss

AMP suffered a $252 million loss for the full 2021 financial year. AMP reported a net loss of $252 million on Thursday, compared to a $177 million ...

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Lonsec places Magellan global funds on watch

Lonsec has placed eight Magellan global equities funds on “fund watch”. The bad news for Magellan continues with Lonsec announcing on Wednesday it ...

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Centuria reports strong lift in half-year profit

Centuria Capital Group has reported an increase in operating revenue and operating profit after tax. In an ASX listing on Wednesday, Centuria ...

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CBA reports strong profit growth, lifts dividend

Commonwealth Bank has reported a 23 per cent growth in its cash profit for the first half of 2022. On Wednesday, the big four banks confirmed an ...

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Morningstar puts Magellan funds under review

Magellan Financial Group confirmed on Monday that Hamish Douglass is taking a leave of absence, prompting Morningstar to put all the fund manager’s ...

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Macquarie posts record quarter on ‘improved market conditions’

Macquarie Group has reported a record quarter on the back of improved market conditions. Macquarie Group managing director Shemara Wikramanayake ...

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Stock market volatility tipped to persist

Conditions are expected to remain challenging as markets globally digest the effects of rising inflation. Stock market volatility is tipped to ...

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ANZ’s margin shrinks on ‘structural headwinds’

Australia and New Zealand Banking Group confirmed margins were down 8bps on the quarter as a result of ongoing structural headwinds. In an ASX ...

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