FINANCIAL RESULTS

Funds management

Australian Foundation Investment Company has reported a 62.5 per cent growth in net profit to $250.3 million from the previous corresponding period....

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Funds management

Pendal Group has delivered a 17 per cent lift in cash earnings for fiscal 2018 on the back of a sixth straight year of growth in funds under management....

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Financial planning

The firm has delivered cash earnings of $786 million for fiscal 2018, steady on the prior year’s earnings of $782 million....

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Financial planning

Westpac Banking Group has managed stay in the black despite heavy customer remediation costs, with BT Financial Group weathering much of the difficulty....

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Funds management

The investment bank has delivered a 5 per cent rise in net profit to $1.31 billion for the first half of fiscal 2019....

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Financial planning

Bell Financial Group has used a market update to report strong revenues and profitability as well as signalling a plan to further leverage its platform capability....

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Financial planning

The investment and superannuation platform provider has delivered a full-year underlying net profit of $5.4 million and declared an inaugural dividend of 3.5 cents a shar...

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Funds management

Macquarie Group said its operating groups were performing in line with expectations in the first quarter of FY19, with Macquarie Asset Management lifting AUM by 8 per cen...

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Financial planning

The platform provider’s funds under administration has reached $17.96 billion in total following a $1.95 billion boost in the fourth quarter....

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Financial planning

IRESS has reported a 10 per cent growth in revenue for full year which was helped by the positive contribution to earnings from acquisitions....

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Funds management

Australian Ethical has reported a 41 per cent growth in funds under management in six months to December, 2017....

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People & Products

BT Investment Management has posted a four per cent growth in net profit after tax to $147.5 million, thanks to strong net inflows....

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Financial planning

Macquarie Group has announced a half-year profit of $1,248 million, up 19 per cent on 1H17 and up seven per cent on 2H17....

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Funds management

Fractional property investment platform DomaCom has reported a loss of $6.1 million for the financial year to 30 June....

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Funds management

Investment platform provider, HUB24 has reported its first full year of profit with an underlying net profit after tax amounting to $3.9 million....

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MARKET INSIGHTS

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