Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

markets

09 August 2019 • By Eliot Hastie • 1 min read

AMP announces $660m capital raise

The wealth giant has announced that it will fundamentally transform its business in the wake of a difficult first half of the financial year

READ MORE
icon

BlackRock lost $132.8bn backing fossil fuels

BlackRock’s investments in fossil fuels has been estimated to have lost investors $132.8 billion (US$90 billion) over the last decade, according to a ...

READ MORE
icon

Aberdeen Standard launches EM debt fund

Aberdeen Standard Investments is set to launch a new emerging market local currency debt fund to give Australian investors exposure to a meaningful ...

READ MORE
icon

Pinnacle profit grows by 32%

Investment manager Pinnacle generated a net profit after tax (NPAT) for financial year 2019 of $30.5 million, up by 32 per cent from the prior year, ...

READ MORE
icon

CBA wealth profit drops, remediation escalates

Commonwealth Bank of Australia has seen its wealth management profit  plunge by 37 per cent in financial year 2019, with the bank casting off its ...

READ MORE
icon

Suncorp profits fall by over 80%

The Suncorp group recently released its 2019 full-year results and announced a 83.5 per cent fall in net profits after tax. The group’s profits in ...

READ MORE
icon

Women closing gender wealth gap

The gap in average wealth of Australian men and women is narrowing, according to new research by Roy Morgan. The Roy Morgan Wealth Report July 2019 ...

READ MORE
icon

ANZ scraps individual bonuses

ANZ has announced wide ranging reforms to its remuneration structure with the biggest change to remove individual bonuses for many of its employees

READ MORE
icon

Investor to bring expanded case against EY

Sydney investment firm London City Equities has won its bid to bring an expanded case against Ernst & Young, for the accounting giant’s auditing ...

READ MORE
icon

ESG reporting skips over workplace fatalities

Research by Australian Council of Superannuation Investors (ASCI) shows 22 people in ASX200 companies died in workplace fatalities last year, but ...

READ MORE