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20 August 2024 • By Keith Ford • 1 min read

HUB24 clears $100bn FUA amid record inflows

The firm has announced double-digit growth in both underlying and statutory profit, while its funds under administration grew 30 per cent on the back ...

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Iron ore rout dampens prospects for budget surplus

A slowing Chinese economy dragging the price of Australia’s largest export has raised apprehensions, with recent Treasury analysis flagging a ...

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Price distortion prompts renewed focus on value stocks, experts highlight

Investors are increasingly paying a premium for momentum and growth stocks compared with value and quality stocks, raising alarm among market experts

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Westpac reports net profit uptick following ‘solid’ quarter

In its latest results, the big four bank has announced net profit rose 6 per cent, although revenue was flat over the quarter. Westpac has seen net ...

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Super returns climb back from August share market jitters: Chant West

Superannuation returns have been demonstrating a resilient recovery despite their “flying start” to FY2024–25 being disrupted, according to the ...

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Dimensional extends local product line-up with 3 new ETFs

The world’s largest issuer of active exchange-traded funds (ETFs) has launched a new product range on the ASX. Dimensional Fund Advisors has ...

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Professional notes ‘huge’ value restoration in fixed income

As central banks embark on easing cycles over the next few years, an investment executive says fixed income is primed to be a standout performer in ...

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ASX reports 3.4% profit dip as operating costs surge

The market operator has published its full-year results. The ASX’s underlying net profit after tax (NPAT) decreased by 3.4 per cent to $472.2 ...

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GQG delivers US$11.1bn in net flows amid equity strategy outperformance

The global investment boutique is maintaining its growth streak after surpassing US$150 billion in FUM earlier this year. GQG Partners experienced ...

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NAB cash earnings dip slightly, focus on $400m productivity savings

The big four bank has reported lower cash earnings in its latest third quarter update. NAB has reported unaudited cash earnings of $1.75 billion ...

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