Powered by MOMENTUM MEDIA
investor daily logo

News

markets

21 November 2019 • By Sarah Simpkins • 1 min read

ANZ disregards coal divestment goals

ANZ chief Shayne Elliott has said the bank does not have a set timeline to exit thermal coal, expecting it will naturally decrease its exposure over ...

READ MORE
icon

Utilities ‘underappreciated’: T. Rowe Price

Utilities could offer a safe harbour as global finance heads into a rocky 2020, according to a report from T. Rowe Price. “Utilities offer the best ...

READ MORE
icon

Saudi Aramco IPO goes up in flames

It’s bad times for Saudi Aramco as investors desert its IPO in droves. What was meant to be a decisive victory for Saudi Aramco (SA) has quickly ...

READ MORE
icon

Market ‘saturated’ with ESG talk, says fund manager

Ausbil Investment Management believes it is important to not only consider companies that are industry leaders in environment, social and governance ...

READ MORE
icon

IOOF loses key exec, ANZ boss admits concerns

The wealth giant has lost its freshly appointed chief risk officer at a pivotal time for the company as its acquisition of ANZ’s OnePath business ...

READ MORE
icon

‘Premium’ borrowers are bad news for newly listed lender

Underestimating the appetite of premium quality borrowers has led to a revenue downgrade for fintech business lender Prospa and a 28 per cent ...

READ MORE
icon

Copia signs deal with Manny Pohl

Boutique asset management group Copia Investment Partners has announced a strategic partnership with ECP Asset Management, an Australian equities fund ...

READ MORE
icon

MLC sells off growth and moves to value assets

The asset manager has reduced its allocation to growth stocks and revealed its attention to detail when it comes to hiring and firing managers

READ MORE
icon

APRA reveals ‘heatmap’ detailing MySuper outcomes

The prudential regulator has unveiled details of the superannuation “heatmap” it will publish next month, providing insights into the outcomes being ...

READ MORE
icon

NAB’s climate policy provokes firestorm

NAB has found itself walking a razor’s edge in the climate change debate, with both sides of politics gunning for the bank. During a public hearing ...

READ MORE