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Super funds don't vote together: ACSIBY ELIZABETH MCARTHUR | THURSDAY, 23 SEP 2021 12:52PM
The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison.
Read more: ACSI, ASX, Cbus, House of Representatives, Australian Council of Superannuation Investors, Justin Arter, Kristian Fok, Liberal MP Tim Wilson, Louise Davidson, Matt Comyn
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Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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