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09 August 2023 • By Jon Bragg • 1 min read

CBA reports $10.2bn profit amid ‘tighter and rapidly changing’ conditions

The bank has announced its full-year results. Commonwealth Bank (CBA) has reported a $10.16 billion cash net profit after tax for the 2023 ...

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New Zealand works with BlackRock for NZ$2bn climate fund

The new climate infrastructure fund has been described as the first of its kind. The New Zealand government has worked with BlackRock to support ...

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NAB CEO says Australian economy ‘will kick again’

The CEO of NAB is hopeful about the future outlook of the Australian economy. NAB chief executive officer Ross McEwan has maintained a positive ...

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Big 4 bank now sees property prices rising this year

A major bank has revised up its forecasts for Australia’s housing market. Dwelling prices across the five major capital city markets are expected ...

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Elevated core inflation dampens promising headline trends

A new interplay of global factors are set to challenge the underlying inflation landscape. Recent Consumer Price Index (CPI) updates point to a ...

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GQG reports another increase in FUM

The global investment boutique has reported a US$4 billion rise in its funds under management despite a large redemption from a UK-based pension fund

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Emerging market equities offer ‘attractive’ opportunities: Fidelity

The head of equities, Asia Pacific, at Fidelity International currently sees opportunities in Asian emerging market equities. With valuations ...

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Magellan provides FUM update ahead of full-year results

The firm’s funds under management have fallen further, with net outflows across both retail and institutional channels. Magellan Financial Group ...

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‘More action is needed’ to meet investment management gender gap

While steps have been taken to achieve greater gender parity in investment management, an industry super fund has said that there is still a way to go

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Macquarie raises $435m for dedicated European Logistics Real Estate Fund

Investor backing has been deployed across a portfolio of 10 European properties. Macquarie Asset Management (AM) has announced the final close of ...

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