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26 April 2021 • By Lachlan Maddock • 1 min read

Super funds fire climate warning shot

The powerful Australian Council of Superannuation Investors (ACSI) has warned that companies are “moving too slowly” on climate and that it will vote ...

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Westpac writes down first-half earnings by $280m

The big four bank announced that its first-half earnings would be reduced by almost $300 million as it added significantly to its remediation costs

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Perpetual defies outflows, builds UK team

The investment group has flagged a steady rise in managed assets despite copping $1.2 billion in net outflows, as it continues on its international ...

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Hume welcomes ‘overwhelming success’ of early super

Senator Jane Hume has hailed the decision to allow early release of superannuation as a “lifeline” for Australian families.  New data from the ABS ...

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Government’s unambitious recovery plan threatens stagnation: Grattan

The government’s recovery plan isn’t ambitious enough and faces severe headwinds as the vaccine roll-out slows, according to the Grattan Institute

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US emissions target to pressure Aus investment

Australia and New Zealand now risk falling behind in the global race to attract private capital investment, an investor group has warned, as US ...

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AMP’s Hail Mary pass

It might be the only way out, but will taking AMP Capital public be enough to reverse its fortunes? Nobody really expected that AMP would take its ...

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Evans Dixon property fund denies insider trading

The embattled property fund has denied any foul play, after the ASX raised suspicions.  On Wednesday, the ASX sent a letter to US Residential ...

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Perennial launches ESG offshoot

Perennial Partners has established a new sustainable investment boutique, called Perennial Better Future. The new business will overlook an ...

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AMP to spin off private markets business

AMP has announced it will pursue a demerger of its private markets arm, while a controversial executive will exit the business. After failing to ...

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