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AMP CEO tight-lipped after offer withdrawn

After reversing out of buying AMP as a whole group, US bidder Ares Management Corporation is now eyeing the investment business, but little ...

by Sarah Simpkins

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  • Douglass defends strategy

    Magellan chief investment officer Hamish Douglass has hit back at critics of his global equity strategy and warned that vaccines might not b...

    by Lachlan Maddock
  • Why Magellan took a punt on Barrenjoey

    Upstart Barrenjoey has the makings of Australia’s next big financial institution, according to Magellan chief executive Brett Cairns and c...

    by Lachlan Maddock
  • Super fund CIOs warn on benchmarks

    A number of super fund CIOs have warned that while the government has good intentions, new APRA performance benchmarks could create signific...

    by Lachlan Maddock
  • Convicted fraudster's charges overturned

    A man sentenced for nine counts of obtaining financial advantage by deception in what the regulator called a "ponzi-style" investment fraud ...

    by Reporter
  • QMV names senior regulatory consultant

    Superannuation law firm QMV Legal has appointed Jessica Pomeroy to the role of senior regulatory consultant.  ...

    by Sarah Simpkins
  • Perpetual appoints new insto director

    Perpetual has announced a string of senior appointments across multiple divisions as its global distribution strategy gains momentum. ...

    by Lachlan Maddock
  • Milford signals wave of portfolio manager changes

    Milford Asset Management will be making switches across four of its investment funds from April. ...

    by Sarah Simpkins
  • Milestone launches asset allocation solution

    Global fintech Milestone has announced the launch of a new institutional asset allocation solution targeting Australia’s biggest super fun...

    by Reporter
  • ASX chairman to depart

    Rick Holliday-Smith will depart the exchange after nearly 15 years on the job, with an investment banking veteran set to step into the role...

    by Lachlan Maddock
  • Schroders appoints new Australia CEO

    Schroders Australia has appointed a new chief executive with more than 25 years’ financial services experience as it looks to boost its lo...

    by Lachlan Maddock
  • Lendlease appoints new CEO

    Multinational construction and infrastructure company Lendlease has announced the appointment of a new chief executive from within the exe...

    by Lachlan Maddock
  • Ares backs out of AMP bid

    AMP has reported that its profit was down by a third in the 2020 year, as US bidder Ares Management Corporation has reversed out of its pre...

    by Sarah Simpkins
  • SG freeze a further blow in wage drought: Keating

    The former prime minister has accused the Reserve Bank of being an accomplice to “knocking off” the legislated super guarantee rise, rob...

    by Sarah Simpkins
  • InvestorDaily wraps up inaugural ESG Summit

    InvestorDaily’s ESG Summit answered the burning questions around this burgeoning industry as Australian finance rises to meet surging dema...

    by Reporter
  • Is bigger always better in super?

    As the march of the megafunds begins, Australia’s superannuation sector will need to seriously consider whether a merger is in their best ...

    by Lachlan Maddock
  • ESG market tops $100 trillion

    Global money invested in ESG assets soared to over US$100 trillion amid the pandemic, but as the market becomes increasingly sophisticated, ...

    by Sarah Kendell
  • Pre-COVID bank dividends 2 years away, investor warns

    CBA’s decision to hand out a boosted dividend could signal the banks are on course for recovery, but an investment manager has forecast sh...

    by Sarah Simpkins
  • Praemium profit soars on Powerwrap acquisition

    Praemium saw record first-half results with profit and funds under administration both soaring off the back of its Powerwrap acquisition. ...

    by Lachlan Maddock
  • Platinum rolls out senior appointments

    Platinum will appoint a new co-chief investment officer and several new managers across a number of its strategies.  ...

    by Lachlan Maddock

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