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09 February 2021 • By Sarah Simpkins • 1 min read

Challenger cops 29% profit fall

The annuities and investment group recorded a 29 per cent year-on-year decline in net profit during the first half of the 2021 financial year, despite ...

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‘Fundamentally, the money is shifting’: RIAA CEO

Three major forces are converging to drive the popularity of responsible investing in Australia, and finance will need to move fast if it wants to ...

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Macquarie CEO optimistic despite dipped FY21 forecast

The chief of Macquarie has said the group’s operating environment improved during the last quarter, but the company’s profit for the 2021 financial ...

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Value resurgence to fizzle out, fundie warns

A fund manager has cautioned against following the current resurged interest in value-style investment, commenting the tweaking of strategies to chase ...

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Life insurer exits Janus Henderson

Japanese insurer Dai-Ichi Life Holdings has sold out of its 17 per cent stake in Janus Henderson Group and relinquished its board seat. An SEC ...

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Challenger stabilising as wealth rivals face mayhem, analysts say

As IOOF and AMP are tipped to face rocky conditions ahead, analysts have tipped Challenger will sail more steadily, supported by its shifting business ...

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Pinnacle boss staying on despite share bonanza

Pinnacle has assured shareholders that managing director Ian Macoun will be staying on despite offloading 9 million shares, but that it continues to ...

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The trends shaping sustainable investing in 2021

Investors are stepping up where regulators are checking out and a huge number of sustainable industries are set to skyrocket, according to UBS

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‘Plausible downsides’ for Australian economy

Australia could face a “longer and more damaging slowdown” in activity than the government anticipates, with growth staying depressed for years

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Aviva targets big emitters, dangles divestment 

Global asset manager Aviva Investors has rolled out a new climate transition program aimed at large carbon emitters, threatening to dump the companies ...

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