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25 September 2019 • By Sarah Simpkins • 1 min read

IOOF completes Ord Minnett exit

IOOF has completed the sale of its 70 per cent holding in wealth management group Ord Minett for $115 million. IOOF confirmed the sale completion ...

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Aus banks join global UN climate pledge

Three of the big four Australian banks have signed on to align their businesses with the UN Sustainable Development Goals (SDGs) and the Paris ...

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Value investing needs overhaul: Alliance Bernstein

Value investing needs a rethink in order to be viable in the face of emerging market realities, according to a report from Alliance Bernstein

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Investors missing major growth opportunities in PE

Investors are missing out on significant growth opportunities by failing to buy into companies before they go public, according to a new report from ...

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Hostplus, Club Super to merge

Following the larger industry trend of merger mania, funds Hostplus and Club Super have signed on to consolidate, with a target date of 1 November

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ETF use ‘low’ among Aussie investors: Morningstar

Managed accounts still dominate the Australian market, with the use of exchange-traded funds only accounting for 2.5 per cent of all assets under ...

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Aussie investors ‘in a really good position’: DWS

A DWS fund manager spent a week in Australia fielding the same big question from local investors: where to put their cash. At a media lunch in ...

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ANZ sells PNG retail, commercial business

ANZ has completed the sale of its Papua New Guinea retail, commercial and SME businesses, with the big four institution setting its sights sorely on ...

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Mortgages replace money market trading at big four

The balance sheets of the big four banks are increasingly exposed to residential mortgages, as other forms of revenue generation become less ...

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ASIC wins court case against asset manager

The Federal Court of Australia has delivered judgment in ASIC’s favour in proceedings against Gallop International Group, Gallop Asset Management, ...

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