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22 June 2020 • By Sarah Simpkins • 1 min read

Challenger launches $300m raise, axes dividend

Challenger has launched an equity raising, with the group slashing its full-year dividend and turning to investors to help it chase fixed-income ...

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Economic recovery hangs as retiree confidence drops

An alliance of retiree groups has warned the government that the nation’s economic recovery is at risk after the COVID-19 crisis dampened the ...

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Investment communities tend to ignore racism, Aus group says

An Australian investing group has said it is “abnormal” for conversations in the finance and investment industry to address systemic racism, pledging ...

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WA wealth managers set up merger

Two stockbroking, institutional and wealth management firms in Western Australia are looking to join forces, under a proposed merger transaction

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Super funds clawing back from COVID-19 low

Super funds have risen for the second month in a row, with new data showing the median growth fund was up 2.2 per cent as share markets continued to ...

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Vanguard fills out exec team

Vanguard Australia has announced a new head of its personal investor business. Balaji Gopal, currently head of product strategy, has been appointed ...

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Young women draining super: HESTA

HESTA has pushed for a reform of the superannuation system, with fears that the super gender gap will be widened as young women wipe their savings ...

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Fund managers to join activists in pushing for change

Fund managers will increasingly take on the role of activists in helping push for social change in the coming decade, a global asset manager has said

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AMP Capital gets new CEO

AMP Capital has announced the head of its global infrastructure equity business will succeed the retiring CEO. Boe Pahari will succeed Adam Tindall ...

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AUSTRAC zeroes in on super funds

The financial crimes regulator has been taking an eagle eye on super funds’ processes around the early release scheme, saying they should do more ...

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