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27 February 2019 • By Sarah Simpkins • 1 min read

ASX to sell IRESS stake

ASX has entered into an agreement to sell its 18.6 per cent shareholding in financial software IRESS, which is expected to produce gross proceeds of ...

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Investment banker cops three year ban

ASIC has banned the head of Investment Banking for a NSW firm from providing financial services for three years.  Mark Hinsley, current director of ...

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Pentalpha launches retiree fund

Brisbane-based Pentalpha Investment Management has established a retail class of unit in its Income for Life fund, designed to be a more secure and ...

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Millennial investors favour ESG

A new survey has found that ESG principles are more important to Millennial investors than their Baby Boomer peers.   Legg Mason Global Investment ...

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Platinum profit plummets 38%

Platinum Asset Management saw its net profit after tax plunge by 38 per cent, posting $65.1 billion for the first half, with the firm placing the ...

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ANZ Wealth helps lift IRESS profits by 7%

The financial technology provider has reported a net profit after tax of $64.1 million for 2018, an increase of 7 per cent on the previous ...

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Moelis posts record earnings, profit up 35%

Moelis Australia has posted record earnings for FY18, more than doubling its asset management EBITDA to $52.5 million from $23.4 million in ...

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Westpac faces class action over home loans

A class action suit has been filed against the major bank over its mortgage business. Law firm Maurice Blackburn Lawyers has filed a class action ...

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Take risk where you have skill: AllianceBernstein

One of AllianceBernsteins top investors has told fund managers that, to survive in the game, they have to take risks where they have skill

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Perpetual profit down 12%

Perpetual has seen a drop across its first half results with its profit down 12 per cent from the prior year, citing weaker equity markets, lower ...

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