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15 August 2024 • By InvestorDaily team • 1 min read

Fiducian reports 10% growth in FUMAA, optimistic outlook

The ASX-listed financial services firm is confident that the future of the business is positive and likely to continue to strengthen through organic ...

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Magellan’s profit shows signs of stability despite ‘challenging few years’

The group’s adjusted NPAT has seen a slight uptick as Magellan says net flows continue to stabilise. In its full-year results posted to the ASX on ...

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‘Excessive’ Japan sell-off sees fundies call for calm

As bearish sentiment lingers around the Asian market, some professionals say its fundamental investment story remains solid while others advocate ...

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CBA hikes dividend amid slight profit drop in full-year results

In its latest announcement, the big four bank reported its net profit dipped 6 per cent from its result last year. In an ASX announcement on ...

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Aussie assets under custody surpass $5tn

Investors are increasing their allocation to offshore investments, new data has found. Assets under custody grew by 5.7 per cent to $5 trillion in ...

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APAC represents ‘enormous’ private debt opportunity, experts highlight

Despite its relatively small size, indicators point to the growth potential of the Asia-Pacific (APAC) private debt market. An analysis of capital ...

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Markets on edge amid Iran retaliation fears

Attention is shifting back to the Middle East and potential “safe harbour” assets like oil and gold, following recent reports Iran’s retaliation ...

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Fortescue and Australia’s resource sector at risk amid iron ore slump

Fortescue may encounter further difficulties if Trump secures a victory in November. The company’s stock has plunged nearly 38 per cent since the ...

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Netwealth announces $83m FY24 profit

The financial services technology firm has delivered a 24 per cent growth in net profit after tax for the full financial year. In an ASX ...

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Share market roller-coaster unlikely to abate in near term, says economist

As markets continue to recover from a turbulent start to August, the chief economist has explained why there remains a significant risk of further ...

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