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07 November 2025 by Adrian Suljanovic

Macquarie profit rises amid stronger asset management results

Macquarie Group has posted a modest profit rise for the first half, supported by stronger earnings across its asset management and banking divisions
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Cboe licence attractive to potential buyers: ASIC

Cboe’s recent success in acquiring a market operation license will make the exchange more attractive to incoming buyers, ...

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NAB profit steady as margins tighten and costs rise

The major bank has posted a stable full-year profit as margin pressures and remediation costs offset strong lending and ...

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LGT heralds Aussie fixed income 'renaissance'

Despite the RBA’s cash rate hold, the domestic bond market is in good shape compared to its international counterparts, ...

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Stonepeak to launch ASX infrastructure debt note

Global alternative investment firm Stonepeak is breaking into Australia with the launch of an ASX-listed infrastructure ...

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Astarra overhauls Australian equities

  •  
By Christine St Anne
  •  
1 minute read

The financial services firm has terminated three Australian equity managers as part of its portfolio review.

Astarra has revamped its Australian equity manager line-up for its platform, resulting in the termination of three managers.

Concord Capital, Perpetual and the van Eyk's Blueprint series have all been terminated.

Fidelity International and Integrity Investment Management will replace the three investment managers.

The decision followed an investment review of the firm's Australian equity portfolio.

"The decision to change and appoint new managers is just part of our ongoing review of our investment managers," Astarra managing director Rex Phillpott said.

The firm recently replaced its bond manager Tyndall with Pimco.

Astarra has over $950 million in funds under management.