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No Quick Turnaround For Pendal Group
Jan 15 2020
Brokers suspect fund managers will endure another lacklustre performance over 2020 with Pendal Group indicating only marginal gains in FUM in the first quarter amid subdued performance fees.
Reinsurance Covers Suncorp, Yet Risks Remain
Jan 14 2020
Claims and property losses in the 2019/2020 bushfires so far have now exceeded the Black Saturday event in 2009 and brokers assess the risks to the outlook for Suncorp, and fellow insurers.
Less Gold At Evolution Mining’s Mt Carlton
Jan 13 2020
Evolution Mining has forewarned of a downgrade to reserves and resources at its Mount Carlton gold mine while highlighting the need to seek alternative water supplies at Cowal.
Xmas 2019 Shopping Season ‘Particularly Weak’
Jan 13 2020
Early data signals the critical Christmas shopping season of 2019 was subdued and, given the devastation from Australia’s widespread bushfires, weakness is likely to continue into January.
Poor US Crop Pegs QBE Profitability
Dec 19 2019
QBE Insurance expects reduced profitability in 2019 as a result of frost damage impacting on the North American crop in the second half.
Pushpay Holdings Expands Horizons
Dec 18 2019
Brokers anticipate the acquisition of Church Community Builder by Pushpay Holdings will provide additional value and stabilise front book growth.
Smartgroup Succumbs To Insurance Changes
Dec 17 2019
Vehicle leasing and salary packaging business Smartgroup has succumbed to earnings pressure as its add-on insurance underwriter makes changes to product terms.
Sigma Farewells API, Heralds New Contract
Dec 17 2019
Sigma Healthcare has adjusted guidance to account for the renewed Chemist Warehouse contract, while Australian Pharmaceutical Industries finally takes its hat out of the merger ring.
Charter Hall Convoy Alights At BP Australia
Dec 13 2019
Property manager Charter Hall and its convoy of investment vehicles have alighted at some significant property, including the Huntingwood site of the famous Arnott’s Biscuits in Sydney.
Investing In Uncertain Times
Dec 13 2019
Andrew Page of Strawman.com makes the case for index fund investment.
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