All posts by Scott Murdoch
Senior Analyst
Sectors Covered: Diversified Financials, Professional Services
By Scott Murdoch
19 October 2021, 7:00 AM
Excluding the acquired Taswest Limited (ASX:TSW) business, Pendal Group (ASX:PDL) reported 4Q21 FUM (funds under management) of A$106.1bn, down marginally on 3Q21 (A$106.7bn). TSW closed with A$33.1bn FUM.
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By Scott Murdoch
18 October 2021, 8:30 AM
Both specialist platforms Netwealth Group (ASX:NWL) and HUB24 (ASX:HUB) beat expectations for 1Q22 flows.
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By Scott Murdoch
07 October 2021, 8:30 AM
Magellan Financial Group (ASX:MFG) closed Sept-22 with A$113.3bn FUM, relatively flat for the quarter and down 3.9% on Aug-21. FUM composition comprised Retail FUM of A$29.9bn (down 3% for the quarter); and Institutional FUM of A$83.3bn (+0.4% for the quarter).
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By Scott Murdoch
30 September 2021, 8:00 AM
Smartgroup (ASX:SIQ) has received a non-binding indicative offer (NBIO) from TPG Global and Potentia Capital (consortium) at A$10.35ps cash (+32% on previous close).
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By Scott Murdoch
31 August 2021, 8:30 AM
Cedar Woods Properties (ASX:CWP) reported FY21 NPAT of A$32.8m, up 61% on the pcp (covid-impacted year).
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By Scott Murdoch
26 August 2021, 6:00 AM
IEL’s FY21 result was in-line with expectations, down 36% on the pcp, but largely a result to look past given Covid impacts across all divisions.
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By Scott Murdoch
25 August 2021, 7:00 AM
HUB reported in line with expectations: underlying EBITDA A$36.2m and underlying FY21 NPAT A$15m, +49% on pcp.
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By Scott Murdoch
23 August 2021, 9:00 AM
Smartgroup Corporation (ASX:SIQ) reported 1H21 NPATA of A$33.5m (+4.5% on pcp), in-line with expectations.
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By Scott Murdoch
20 August 2021, 12:00 PM
IRESS (ASX:IRE) 1H21 results (pre-announced) – reported NPAT flat on pcp
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By Scott Murdoch
20 August 2021, 7:30 AM
IPH Limited's (ASX:IPH) FY21 underlying EBITDA of A$124.3m was down 1%, however slightly ahead of expectations.
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