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Luke Galloway

15 April 2020 • By Sarah Simpkins • 1 min read

HESTA appoints strategic tilting GM

The $50 billion industry superannuation fund has picked its new general manager of strategic tilting, as part of its new investment team structure

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Boutique asset manager buys out owner

Boutique asset manager Wheelhouse Investment Partners has taken full ownership of its business, having acquired Bennelong Funds Management’s stake in ...

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Big four expected to slash dividends by at least half

Australia’s big four banks have been tipped to shave their dividends by at least half on last year’s levels, following APRA asking the major ...

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Markets ‘oblivious’ to threat of second outbreak

The CEO of one of the world’s largest financial consultancies says that markets are too optimistic and haven’t priced in a potential second wave of ...

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IMF sees ‘V-shaped’ recovery

The IMF predicts that Australia’s economy will bounce back sharply, but former prime minister Kevin Rudd believes the worst is yet to come

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AMP wealth earnings tipped to plunge

Analysts have indicated that they expect AMP’s wealth management business to represent a quarter of the group’s earnings over the medium term, down ...

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Pandemic gouges world’s biggest banks

The world’s largest banks have posted multibillion-dollar losses in what will come as a reality check for markets ahead of reporting season

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ASIC eases regulation

ASIC will halt some of its regulatory activities in order to provide relief to firms “under enormous strain” from the COVID-19 pandemic

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Former Treasury secretary dies, aged 79

Former Treasury secretary Ted Evans has been remembered as a highly respected economist after he died, aged 79, on Saturday morning. Mr Evans was ...

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Mayfair 101 to fight ASIC action

The investment group has decided it will “vigorously defend the proceedings” brought against it by the corporate watchdog in the Federal Court

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