$3.3 billion fall in retail managed fundsBY ELIZABETH MCARTHUR | TUESDAY, 7 JAN 2020 12:22PM
The once-off transfer of StatePlus' Master Fund businesses worth $18.6 billion out of retail funds to First State Super has had a significant impact on the retail market, according to Plan For Life Actuaries.Read more: StatePlus, First State Super, Master Fund, Colonial First State, Commonwealth Bank, BT Financial Group, IOOF, Macquarie, OneVue, Praemium
Ariel Investments chief investment officer Rupal J. Bhansali shared her contrarian views on ESG investing and why Phillip Morris International makes the cut.
The US Securities and Exchange Commission charged a prominent actor for failing to disclose payments he received for promoting an investment in a bitcoin offering.
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
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