Growth of Australia and New Zealand's largest insurance broker network is set to be acquisition-led.
Management reaffirmed fiscal 2016 cash earnings guidance of AUD 80 million-AUD 83 million at Steadfast's investor day, implying growth of 41%-46% on 2015. Our fiscal 2016 cash profit forecast of $83.3 million is unchanged, as is our cash EPS forecast of AUD 11.1 cents. Underlying cash EPS guidance for fiscal 2016 is an uplift of 10%-14% on fiscal 2015. Fiscal 2016 results are due on Aug. 24, 2016. We have increasing confidence in the technology strategy driving higher earnings growth, with benef...Steadfast Group is engaged in the provision of services to Steadfast Network Brokers, the distribution of insurance policies via insurance brokerages and underwriting agencies, and related services.
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.
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