Sept 11 (Reuters) - Top Australian investment bank Macquarie Group MQG.AX said on Monday it expects first-half net profit to be higher than the same period last year as it recognises improved performance fees in the six-month period.
The Sydney-listed bank repeated an earlier forecast of matching the previous year's record net profit in the year to end-March 2018, but said profit contributions from its operating groups would be up in the first half. gave the update in presentation notes for an investor conference, which the Australian Securities Exchange published on Monday.