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06 June 2023 • By Reporter • 1 min read

Sequoia confirms Morrison divestment

The firm has confirmed the sale of 80 per cent of its equity interest in Morrison Securities to New Quantum. In an ASX listing this week, Sequoia ...

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Magellan FUM shrinks again

The fund manager released its monthly funds under management (FUM) update, which showed slightly lower net outflows than over previous months

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ASX releases CHESS audit reports

The ASX has released a special report relating to the clearing and settlement system for Australia’s securities market. The securities exchange ...

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MA Financial welcomes managing director to bolster Middle East investor relations

A global asset management veteran will join the firm in mid-June. ASX-listed MA Financial Group has announced the appointment of Anthony Habis as ...

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Ex-Perpetual, MLC CEO appointed Stake chair

Financial services leader Geoff Lloyd has joined the brokerage platform as it doubles down on long-term growth. In a major move for the firm, Stake ...

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Cboe launches global listing offering

The market operator has expanded the trading reach of growth companies and asset managers “committed to innovation with a global impact”

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Competition ‘far from a concern’ in super industry: APRA

The deputy chair of the prudential regulator has dismissed competition concerns in the superannuation industry amid the rise in mergers and ...

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Aussie investors rooted in local small cap bias, fund manager suggests

A fund manager has suggested that Australian investors are overlooking an opportunity by only investing in small companies closer to home

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Magellan boss gives verdict on Future Fund’s strategic pivot to active equity management

The CEO of Magellan has shared his insights on the Future Fund’s recent return to active equity management. Speaking on a recent episode of the ...

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Is a hike almost certain? ANZ ups terminal rate, AMP tips 25 bp increase

Although the RBA’s decision to raise the cash rate in early May caught the market off guard, the likelihood of a rate hike on 6 June appears to be ...

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