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25 July 2024 • By Rhea Nath • 1 min read

ANZ admits ‘unacceptable failure’ amid AOFM bond investigation

The bank had previously confirmed in May that its execution of a Treasury bond issuance was being investigated by ASIC. ANZ has provided an update ...

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Betashares unveils Australian equities momentum ETF

The new offering provides exposure to a systematic, rules-based momentum investing strategy. Betashares has announced a new addition to its product ...

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Treasury unveils draft legislation of sweeping M&A reform

The reform, announced earlier this year, is intended to strengthen Australia’s merger laws by providing oversight powers to the consumer watchdog

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Platinum proposes changes to 2 strategies

Following a strategic review, the asset manager has announced proposed changes to two of its listed investment companies. Platinum Asset Management ...

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Maple-Brown Abbott acquired by rival fund manager

It has been acquired by a Pinnacle affiliate to create a firm with $18.6 billion in assets under management, just two months after its former CEO ...

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Lonsec acquisition sees nod of approval from GDG shareholders

Generation Development Group has shared the outcome of its EGM regarding its plans to fully acquire Lonsec through remaining shares. In an ASX ...

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CrowdStrike fumble bigger than just ‘reputational’ damage, expert warns

Following a botched software update with full repercussions that remain to be seen, experts foresee increased scrutiny on integrated supply chains and ...

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Iress projects ‘significant’ increase in 1H24 EBITDA

Iress is expecting a 50 per cent EBITDA rise the first half of the 2024 calendar year compared to the prior corresponding period. In an ASX ...

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DNR Capital unveils small, mid-cap investment manager amid growing client demand

The firm has launched a specialist global small and mid-cap equity manager, and expanded its team to suit. DNR Capital has announced the launch of ...

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Boutique fund manager buys out Fidante stake in business

The Sydney-based firm has acquired the minority stake in the business owned by Fidante. Merlon Capital Partners, which was founded in 2010, is ...

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