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IPOs fewer but performing wellBY KANIKA SOOD | THURSDAY, 25 JUL 2019 4:36PM
Fewer companies sought to list on the ASX in the first half of the year but IPO investors were rewarded well on the listing day, according to HLB Mann Judd's biannual IPO report.
Read more: IPO, ASX, HLB Mann Judd, International Forum of Sovereign Wealth Funds, Marcus Ohm
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Report: Building stronger relationships with ESG investing
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The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
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Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund.
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions.
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