Dispatches: Suncorp doubles profits
Suncorp-Metway said today full-year profit more than doubled and the company was making "good progress" recovering from GFC challenges. (The Australian)
Despite a turnaround in inflows into actively managed equity funds, Perpetual still suffered overall net outflows in its equity funds of $400 million over the financial year 2010. (Investor Daily)
The evolution of publicly listed funds manager MMC Contrarian into Clearview, and its acquisition of the Bupa life insurance and wealth management businesses, have paid dividends for shareholders with the company today reporting a net profit after tax of $5.921m. (Money Management)
