Failed industry fund merger laid bare at Royal CommissionBY KANIKA SOOD | FRIDAY, 10 AUG 2018 5:16PM
Energy Super backed down on its plan to merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the Royal Commission heard.Read more: Energy Super, Equipsuper, Royal Commission, Scott Wilson, Andrew Fairley, Mark Williamson, Albert Dinelli, Energy Trades Union, KPMG, Queensland Services Union
Challenger's multi-boutique business Fidante Partners has listed its first active ETF as it dips its toes in the exchange-traded fund market.
The planned sale of ANZ Wealth to IOOF is under threat as a result of the uncompromising action of APRA. As such, Morningstar has placed the stock IOOF Holdings under review.
The latest addition to Perennial Value Management's retail distribution team is moving into a hybrid role.
The question going forward is what's the Fed going to do going forward. Some say it would ease raising interest rates while others think it's now close to "neutral" (whatever that neutral rate is).
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