Financial
Platinum Asset Management (ASX:PTM) Sees Higher Outflows in December
January 09, 2025 01:47 PM AEDT| By Team Kalkine MediaHighlights:,Platinum Asset Management (PTM) saw $289 million in outflows in December.,The Platinum Trust funds faced significant investor withdrawals during the month.,Assets under management grew slightly to $11.1 million despite the outflows.,Decem...
Australian Shares Slide After Five-Day Rally Amid Global Concerns
January 09, 2025 11:52 AM AEDT| By Team Kalkine MediaHighlights:,Federal Reserve's High Bar for Rate Cuts,: Minutes from the Fed's December meeting revealed a cautious approach to further rate cuts, raising global inflation concerns under the incoming Trump administration.,Australian Financials and Min...
GQG Partners Gets Upgrade While Magellan Faces Funds Drop – Key Insights
January 09, 2025 11:44 AM AEDT| By Team Kalkine MediaHighlights,GQG Partners (GQG) sees,upgrade,from Morgans, with attractive value despite recent challenges.,Magellan Financial Group (MFG) faces outflows, but,outlook,improves for future growth.,Analysts,remain,optimistic about long-term prospects for...
Australian Share Market Faces Challenges as Miners Struggle Amid Market Decline
January 09, 2025 11:43 AM AEDT| By Team Kalkine MediaHighlights,ASX faces a tough Thursday with a notable decline in early trade.,Mining stocks, especially in materials, are among the major losers.,Positive news for (LTM) as it progresses on Rio Tinto's proposed takeover.,The Australian stock market op...
Argo Investments Faces Challenges Over Three Years Despite Strong Fundamentals
January 09, 2025 11:06 AM AEDT| By Team Kalkine MediaHighlights,Argo Investments (ARG) delivered a three-year total shareholder return (TSR) of -2%, better than the share price decline alone.,Earnings per share (EPS) grew 11% annually, yet the share price dropped 12% in three years.,Dividends played a...
Australian Banks Could See Positive Earnings Growth in 2025 Driven by Lending Growth
January 08, 2025 02:52 PM AEDT| By Team Kalkine MediaHighlights,Australian banks' earnings may benefit from solid lending growth.,November’s 0.6% rise in lending sets a positive trend for 2025.,UBS analysts predict positive earnings revisions across the sector.,Australian banks could experience a boost...
Economic Uncertainty Around Inflation Data Sparks Debate on Reserve Bank's Next Move
January 08, 2025 02:21 PM AEDT| By Team Kalkine MediaHighlights,Economists show mixed views on inflation data and future interest rate decisions.,A potential interest rate cut is likely in February, according to some economists.,The strength of the labor market and government spending could delay any c...
UBS Adjusts Outlook for Computershare (ASX:CPU) After Strong Surge
January 08, 2025 12:37 PM AEDT| By Team Kalkine MediaHighlights,UBS downgraded Computershare (CPU) to “neutral.”,Target price raised from $32 to $36.15.,Limited upside potential despite impressive rally.,UBS recently downgraded Computershare (ASX:CPU) to a "neutral" rating following an impressive 30% s...
Traders Build Expectations for Potential February Rate Cut as Inflation Cools
January 08, 2025 12:28 PM AEDT| By Team Kalkine MediaHighlights,Traders have pegged a 60% chance of a rate cut by February.,November saw a slowdown in core inflation, boosting rate cut optimism.,Key economists forecast a,possible reduction,earlier than expected.,In recent weeks, traders have become inc...
Strategic Shifts Fuel Upgraded Outlook for Insignia Financial (ASX:IFS)
January 08, 2025 12:27 PM AEDT| By Team Kalkine MediaHighlights,Morgan Stanley upgrades the stock rating for Insignia Financial (IFL).,Ticker revision driven by takeover interest and strong market potential.,Longer-term challenges,remain,despite earnings momentum.,In a major development for Insignia Fi...
Australian Shares Dip as Banking Losses Weigh, November Inflation Data Eyed
January 08, 2025 12:23 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 Edges Lower:,The S&P/ASX 200 index fell 0.2% to 8,268.2 points, snapping a four-day winning streak.,Banking Stocks Drag:,Domestic banks dropped 0.6%, offsetting gains in mining and energy sectors.,Inflation Data in Focus:,Markets a...
Regal Partners Performance Update: Insights Behind the Numbers
January 08, 2025 11:20 AM AEDT| By Team Kalkine MediaHighlights,Regal Partners’ FUM grew 4.6% in Q4 to $18 billion.,Performance fee revenue of $25M fell short of $34.1M estimates.,$700M in quarterly net inflows, plus a $200M offshore commitment.,Shares in Regal Partners (ASX:RPL) experienced a slight d...
Macquarie's (ASX:MQG) Business Banking Push Struggles to Gain Traction
January 07, 2025 03:44 PM AEDT| By Team Kalkine MediaHighlights,Macquarie (MQG) is facing challenges in business banking after an initial surge in 2023.,The competition from larger banks and the complexity of business lending hinder Macquarie’s growth.,Despite the slow pace, Macquarie remains committed...
Spheria Emerging Companies Keeps LIC Status Despite Proposal Setback
January 07, 2025 03:37 PM AEDT| By Team Kalkine MediaHighlights,Spheria Emerging Companies (SEC) remains a listed investment company (LIC).,A proposal to convert shares into units of another fund did not meet its necessary conditions.,Strong portfolio performance and reduced NTA discount contribute to...
CC Capital's Bold Offer Highlights Insignia's Positive Growth Prospects
January 07, 2025 11:53 AM AEDT| By Team Kalkine MediaHighlights,CC Capital's bid values Insignia (IFL) at a premium, reflecting its fundamental strength.,Morningstar raises Insignia's fair value estimate following the proposal.,Analysts highlight recovery and restructuring efforts improving Insignia’s...
Insignia Financial Gains Attention Following Takeover Proposal
January 06, 2025 04:49 PM AEDT| By Team Kalkine MediaHighlights,Insignia Financial receives a takeover proposal from CC Capital.,Fair value estimate raised to $3.95, indicating strong growth prospects.,Strategic initiatives are boosting Insignia’s operational efficiency.,Insignia Financial (ASX:IFL), a...
Private Equity’s Bold Move Sparks M&A Momentum: CC Capital Targets Insignia Financial
January 06, 2025 03:55 PM AEDT| By Team Kalkine MediaHighlights,CC Capital's $3 billion bid stirs the Australian market.,Insignia Financial (IFL) faces a potential game-changing acquisition.,Competition between suitors heats up for one of Australia’s major financial players.,The Australian M&A landscap...
CC Capital Eyes Insignia Financial with $2.87 Billion Takeover Proposal
January 06, 2025 12:45 PM AEDT| By Team Kalkine MediaHighlights,Insignia Financial (IFL),receives,a takeover proposal from CC Capital Partners.,Proposal valued at $2.87 billion, offering $4.30 cash per share.,Proposal subject to due diligence and regulatory approvals.,Wealth management firm,Insignia Fi...
Insignia Financial Shares Surge to 52-Week High Amid New Takeover Bid
January 06, 2025 11:14 AM AEDT| By Team Kalkine MediaHighlights,Insignia Financial shares jumped 11% to a 52-week high of $3.94 after receiving a new takeover proposal from CC Capital Partners.,The latest offer of $4.30 per share represents a 21.4% premium to the last closing price and a 7.5% premium t...
Goldman Sachs Optimistic on QBE Insurance Group’s Future Outlook
January 03, 2025 12:15 PM AEDT| By Team Kalkine MediaHighlights,Upgraded Price Target,: Goldman raises QBE’s target to $22.50, maintaining a Buy rating.,Strong Dividend Growth,: Projected yields rise from 3.9% (FY 2024) to 4.6% (FY 2026).,Profitability Boost,: Reduced catastrophe risk and better busine...
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