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AMP Capital fails to stop fund mergerBY ELIZABETH MCARTHUR | WEDNESDAY, 28 APR 2021 12:37PM
AMP Capital has failed in its bid to stop a merger between the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund.Read more: Dexus, ADPF, AMP Capital Diversified Property Fund, AMP Limited, ASX, Darren Steinberg, Kent Street, Kylie O'Connor, Private Markets, Quay Quarter Tower
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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