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Macquarie posts 'record' third quarter as market conditions improve

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:Australia's Macquarie Group said on Tuesday a strong performance in its markets-facing businesses helped drive a record third quarter, with the financial conglomerate flagging a significant rise in commodities income this year. The world's top infrastructure investor, which does not disclose profit figures i

:Australia's Macquarie Group said on Tuesday a strong performance in its markets-facing businesses helped drive a record third quarter, with the financial conglomerate flagging a significant rise in commodities income this year.

Macquarie said its commodities business benefited from more hedging and trading activity due to ongoing volatility in markets that had also helped the Sydney-based firm report a record first-half profit.

 

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