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21 February 2020 • By Sarah Simpkins • 1 min read

HSBC commences overhaul as profit shrinks

A reported 35,000 jobs are to be shed at HSBC in the next three years, as part of a group-wide restructuring, after the company’s profit plummeted in ...

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Global growth ‘fragile’: IMF

Global growth is bottoming out but the projected recovery of the world’s developed economies remains uncertain, according to data from the IMF

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OneVue sells Sargon’s Sequoia stake, Madison next

OneVue has sold Sargon Capital’s shares in Sequoia Financial Group for $4.36 million, with its next priority being to cast off the troubled group’s ...

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Perpetual profit dragged by investors fleeing Aus equities

Perpetual’s profit has fallen with lower performance revenue and $1.5 billion in net outflows escaping its investments business, predominantly moving ...

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Do small caps get a bad rap?

Global small caps are supposed to be more volatile than their large-cap cousins. But do the positives of an expansive investment universe and greater ...

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Chi-X adds blue-chip giants

Upstart stock exchange Chi-X has unveiled a new tranche of US-listed blue-chip companies available through its transferable custody receipts (TraCRs)

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Franklin Templeton to buy Legg Mason

Franklin Templeton has announced it will buy Legg Mason in a multibillion-dollar deal that will make it one of the world’s largest independent ...

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Aus dividends lag behind world

Global dividends rose to a new high in 2019, but as shown by new data, Australia ranked among the weakest developed markets, with its payouts falling ...

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IPIF wants to ‘democratise’ infrastructure

Unlisted infrastructure can provide strong returns, but investors are increasingly being locked out of the asset class, according to Infrastructure ...

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Fiducian profit up 7%

Fiducian has posted a net profit of $5.3 million for the half, up by 7 per cent year-on-year, with the wealth group optimistic that it will grow with ...

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