ASX red alert: Soaring negative cash flows raise concernsBY ANDREW MCKEAN | MONDAY, 1 MAY 2023 12:38PMResearch by Plato Investment Management found 28% of ASX-listed companies have negative cash flow - more than any nation in the MSCI World index. Related News |
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Perennial Partners takes over Australian Unity fund
|Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund.
Platinum's FUM dips below $14bn
|Platinum Investment Management's funds under management took a $1.65 billion hit to end up at $13.5 billion at the end of April.
AMP launches alternative debt fund
|AMP said the new fund will provide bespoke access to global private debt investments but will only be available to some.
REI Super updates Conservative option
|REI Super is rejigging its Conservative investment option and will change the name to "Growth Plus".
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.