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Billionaires profit from pandemic: ReportBY KARREN VERGARA | FRIDAY, 29 JAN 2021 12:18PM
The nation's wealthiest saw their fortunes increase by nearly $85 billion during the COVID-19 pandemic, a global survey highlighting the widening income-inequity gap shows.Read more: Oxfam, JobSeeker, Lyn Morgain, Amazon, Anthony Pratt, Elon Musk, Frank Lowy, Gina Rinehart, Harry Triguboff, Jeff Bezos, Mike Cannon-Brookes, Scott Farquhar
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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