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25 July 2018 • By Killian Plastow • 1 min read

AMP to defend shareholder class action

AMP has said it will “vigorously defend” against claims made in a shareholder class action that the company had failed in its obligations to ...

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Capacity like ‘weighing down a horse’: Lonsec

There is a clear link between increasing FUM and decreasing outperformance among Australian equity managers, according to Lonsec – with at least one ...

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CPA Australia closes financial advice arm

CPA Australia has shut down its struggling advice business after a PwC report found demand from members was “insufficient to ensure its financial ...

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Macquarie ‘underappreciated’ by investors

The strength in the synergy between Macquarie Group’s five distinct business units are not being recognised by the market, says Morningstar

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Funds of funds regaining popularity

Asia-Pacific investors have reversed their bearish attitude to funds of funds, with the amount of capital in non-listed real estate funds of funds ...

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Top execs heading to Masterfunds Conference

Senior executives from the financial industry will gather for the InvestorDaily 18th Annual Wraps, Platforms and Masterfunds Conference from 1–3 ...

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Consumers lift US, but clouds ahead: MFS

Strong consumer spending has helped the US sidestep a broader global economic slowdown, says MFS Investment Management — but there are “clouds on the ...

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Strong jobs growth won’t sway RBA

The Australian economy added 50,900 jobs in June, well above market expectations — but that won’t be enough to convince the RBA to hike interest ...

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AXA IM wins $1bn ESG mandate

AXA Investment Managers’ quantitative platform, Rosenberg Equities, has been appointed by US pension fund CalPERS to manage a $1 billion ESG portfolio

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Impact investments approach $6bn

Australian impact investments quadrupled to $5.8 billion in the two and a half years to 31 December 2017, according to a new benchmarking ...

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