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Macquarie’s profit could test record as it gains from energy volatility – By Clancy Yeates Source : smh Macquarie Group has signalled it is likely to at least get close to another record profit this year, and it may consider using some of its $12.5 billion in excess capital for acquisitions, after energy market volatility gave it a boost in late 2022. In a trading update on Tuesday, Macquarie said volatile energy and commodity markets had beefed up profits for the nine months to December, offsetting the weaker earnings in the investment heavyweight’s flagship asset management arm. Macquarie, which uses a March financial year, did not disclose its actual profits for the quarter, but it said commodities and global markets business had enjoyed a bumper December quarter, prompting analysts to lift earnings forecasts for the group. “Varied market conditions have resulted in a good quarter for the group reflecting the diversity ...