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15 July 2020 • By Sarah Simpkins • 1 min read

Aus active, strategic-beta ETPs surge

Assets in Australian active and strategic-beta exchange-traded products more than doubled last year according to a new report. Morningstar has ...

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ASIC grilled over remediation failures

ASIC has been taken to task for its failure to bring the big four banks into line after it was revealed they were splurging on consultants rather than ...

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Pendal cops $2.5bn outflows

Pendal Group recorded $2.5 billion in net outflows during the three months leading to June, with clients shifting $1 billion from European strategies, ...

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Citi earnings plunge with COVID onslaught

Citigroup saw its net income for the second quarter of the year plummet by 73 per cent from its year before, as the pandemic increased credit costs ...

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JPMorgan posts record revenue ahead of ‘moment of truth’

JPMorgan Chase has posted record revenue during the worst recession in a hundred years but warned that the economy would get worse before it gets ...

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Super member satisfaction up year-on-year

New data from Roy Morgan has shown despite overall superannuation fund satisfaction was down from the month before in May, it had still significantly ...

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‘We have no fear of missing out’: Douglass

The chairman of Magellan has poured cold water on cocky investors, warning that there is a “real possibility” of a collapse in equity markets

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COVID-19 prompts real estate reallocations away from Aus

APAC investment managers in non-listed real estate have strong intentions to increase their allocations to China and South Korea while shying away ...

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Early super soars on second tranche

Early super withdrawals will soon overtake Treasury estimates for the first time as half a million Australians access the second tranche of the scheme

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J.P. Morgan launches ESG push

J.P. Morgan Asset Management has launched a new ESG strategy as it attempts to strengthen risk management and create “more stabled, enhanced financial ...

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