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21 July 2020 • By Sarah Simpkins • 1 min read

UBS profit up 12%

UBS saw its net profit rise by 12 per cent year-on-year in the first half of 2020, with its asset management and investment banking businesses ...

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Institutional investors racking up bond ETFs: BlackRock

The asset management giant has forecast that institutional investors will double fixed-income ETF assets in the next four years, after it saw the ...

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Top fundies picked healthcare, IT: Mercer

Investment managers with longer-term investment strategies and key allocations in healthcare and IT came out on top through the COVID volatility, ...

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Investors weak on human rights: PRI

The investment industry needs to do more on human rights, the chief of a UN-backed responsible investment body has said, stating the neglect for the ...

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Westpac cops car loan commission class action

A class action has been filed against the major bank for commissions it paid to car dealers alleged to hit consumers with higher interest rates on ...

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Growth outstrips value: Frontier

Growth-focused equities managers outshone value managers by a considerable margin during the final quarter of the financial year, according to ...

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Aus active, strategic-beta ETPs surge

Assets in Australian active and strategic-beta exchange-traded products more than doubled last year according to a new report. Morningstar has ...

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Pendal cops $2.5bn outflows

Pendal Group recorded $2.5 billion in net outflows during the three months leading to June, with clients shifting $1 billion from European strategies, ...

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Citi earnings plunge with COVID onslaught

Citigroup saw its net income for the second quarter of the year plummet by 73 per cent from its year before, as the pandemic increased credit costs ...

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‘We have no fear of missing out’: Douglass

The chairman of Magellan has poured cold water on cocky investors, warning that there is a “real possibility” of a collapse in equity markets

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