sydneymacquarie group ltd said better market conditions in the three months through december have resulted in a record quarter for the group but did not provide specific guidance australias largest investment bank and asset manager said in an operational briefing on tuesday that its markets facing businesses combined net profit contribution was substantially higher than the third quarter of the 2021 fiscal year improved overall market conditions have resulted in a record quarter for the group said chief executive shemara wikramanayake macquaries annuitystyle businesses combined contribution to thirdquarter net profit was down on year mainly due to the timing of performance fees and investmentrelated income still the groups financial position comfortably exceeds regulatory requirements macquarie said it pointed to a group capital surplus of 115 billion australian dollars us82 billion and a bank cet1 ratio of 122 we continue to maintain a cautious stance with a conservative approach to capital funding and liquidity that positions us well to respond to the current environment said ms wikramanayake more broadly we remain well positioned over the medium term