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AMP Capital severs ties with global equities unitBY KARREN VERGARA | TUESDAY, 9 MAR 2021 12:33PM
AMP Capital will offload its $653 million global equities capability to a Canadian fund manager for an undisclosed figure.Read more: Fiera Capital, New Zealand, AMP Capital Global Companies Fund, Andy Gardner, Ares Management, David Naughtin, Jean-Philippe Lemay, Neil Mitchell, North America, S&P Global, Simon Steele, Synopsys Inc
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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