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17 July 2020 • By Sarah Simpkins • 1 min read

Westpac cops car loan commission class action

A class action has been filed against the major bank for commissions it paid to car dealers alleged to hit consumers with higher interest rates on ...

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Growth outstrips value: Frontier

Growth-focused equities managers outshone value managers by a considerable margin during the final quarter of the financial year, according to ...

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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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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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‘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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S&P downgrades AMP

S&P has lowered its ratings across two AMP group entities after the sale of the wealth giant’s life insurer was finalised. AMP noted the credit ...

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Auctus forms joint venture with US asset manager 

ASX-listed Auctus Investment Group has signed a joint venture with a US-based specialist student housing asset manager. The Australian investment ...

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Bell Financial Group indicates profit rise

  Bell Financial Group has outlined that it expects its profit for the first half of 2020 to be up 5 per cent year-on-year. The ASX-listed ...

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