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12 May 2022 • By Neil Griffiths • 1 min read

CBA records NPAT of $2.3bn

The big four bank has released its March 2022 results. On Thursday, 12 May, the Commonwealth Bank of Australia (CBA) announced $2.3 billion in net ...

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ASX confirms delay for CHESS replacement

ASX has confirmed that the April 2023 go-live date for the CHESS replacement is no longer viable. After alerting to possible delays back in March, ...

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Aussie ETF assets down nearly $2bn despite positive flows

Falling global share markets led to a decline in the value of the local ETF industry during April. The market cap of Australian ETFs fell by $1.9 ...

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Fund manager urges caution about overexposure to China

Developments in China’s response to the pandemic could be a cause for concern. Datt Capital founder and CIO Emanuel Datt has urged investors to ...

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Sustainable fund inflows crash in first quarter

Morningstar found that sustainable fund flows fell substantially during the first quarter but held up better than the market overall. Sustainable ...

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BetaShares set to launch food-based ETF on ASX

One of Australia’s biggest fund managers, BetaShares has added a new food-themed exchange-traded fund (ETF) to its existing broad range of investment ...

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Pendal announces strong H1 results in 'tough' environment

The global investment manager’s NPAT was up 8 per cent on the year to $96.7 million in the first half of 2022. Pendal reported a revenue boost of ...

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‘Ghost of stagflation’ presents opportunities for investors, says deVere CEO

Investors should ensure they are well diversified as market volatility persists, according to deVere’s Nigel Green. deVere Group CEO Nigel Green ...

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Banks report $14.4bn profit amid pressure on net interest margins

Australia’s major banks have reported a significant boost to their bottom lines and returns in the first half of the 2022 financial year, signalling ...

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Magellan offloads Guzman y Gomez stake to focus on core funds business

Magellan is shedding layers in an effort to focus on its core funds management business. Magellan has announced the sale of its 11.6 per cent ...

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