Daily FNArena News - Australia

Completely overshadowing Pendal Group’s result, revelations the company is fully acquiring US-based fund manager Thompson, Siegel & Walmsley consummates management’s long-standing desire to add global value funds

An extraordinary showing by the CGM (up 50% yoy), the continued shrinking of the annuity-style businesses, plus the likelihood of a sharp drop in provisioning requirements has created a guidance predicament for Macquarie Group going forward

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

After a winter of lockdowns and pandemic blues, summer is underway in the northern hemisphere and this brightens the outlook for City Chic

Amcor provided a robust update for the nine months to March yet detail is lacking on just how cost pressures will pan out

During April the ASX200 recorded a seventh consecutive monthly rise with the technology and resources sectors leading the way

FNArena’s series on bond investment continues with further information and explanation

Westpac has excited the market, outlining a significant cost target over three years. As always, the chorus is “show us the money”

Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data

Charter Hall has made a habit of upgrading guidance then beating this at the result. Now, FY21 has been upgraded for the third time