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03 May 2019 • By Sarah Simpkins • 1 min read

Pendal profit plummets 26%

Global asset manager Pendal Group has copped a hit to its profit for the half year ending 31 March, with its net profit after tax (NPAT) coming to $84

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AMP wealth records $1.8bn net outflows in first quarter 

The troubled wealth management group saw net cash outflows of $1.8 billion in Q1 2019, compared with just $200 million a year earlier. In a trading ...

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Australian Ethical opens Community Grants program

Australian Ethical has opened its Community Grants program for 2019 and is inviting grassroots organisations that are making positive humanitarian, ...

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Submissions now open for the 2019 Women in Finance Awards

Momentum Media, publisher of ifa, is proud to announce the launch of the 2019 Women in Finance Awards. Momentum Media is also pleased to announce ...

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Bond markets essential to sustainable future: PIMCO

Bond issuers, both governments and companies, have an essential part in advancing action on global sustainability, PIMCO has said, with the company ...

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ANZ profit up, riding on institutional banking

While its Australian division’s profit went down and New Zealand flatlined in the half year, ANZ’s institutional business saw an increase in profit of ...

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Fund buyers seeking alpha in ESG investments

The majority of professional fund buyers are confident there is alpha to be found in ESG investing, which they believe will become mainstream within ...

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Mayfair 101 makes $42m bet on Indian market

Corporate advisory firm Mayfair 101 is increasing its stake in Accloud PLC by providing US$30 million over a 12-month period to enable the company to ...

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SuperFriend calls for practical mental health solutions

SuperFriend has released its submission to the government’s mental health inquiry and has called on the government to take practical steps to improve ...

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Westpac reveals $357m profit hit over advice fees

The major bank has today provided an update on accounting provisions for remediation associated with authorised representatives in relation to certain ...

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