Report
David Ellis
EUR 147.86 For Business Accounts Only

Macquarie Excels at Managing Client Money for Long-Term Profit Growth. AUD 89 FVE Unchanged

Macquarie Group is Australia’s largest global asset manager and long ago transitioned from a traditional investment bank. The three non-market-facing businesses (or “annuity style” in Macquarie speak) generate more than 70% of divisional profit with Macquarie Asset Management, or MAM, and Macquarie Corporate Finance, or CAF, the star performers. In late July, Macquarie confirmed fiscal 2017 guidance for earnings “to be broadly in line with FY16.” 
Macquarie reports first-half fiscal 2017 results...
Underlying
Macquarie Group Limited

Macquarie Group is non-operating holding company. Through its subsidiaries, Co. provides banking, financial, advisory, investment and funds management services. Co.'s principal activities include distribution and manufacture of funds management products; trading in fixed income, equities, currency, commodities and derivative products; corporate and structured finance, advisory, underwriting, facilitation, broking and real estate/ property development; and banking activities, mortgages and leasing. As of Mar 31 2016, Co. had total assets of A$196.76 billion and total deposits of A$52.25 billion.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Ellis

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