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| | | New Zealand's Milford Asset Management is launching an income-focussed, multi-asset fund to the Australian market, in its third local launch. The Milford Diversified Income Fund (AU) will invest in fixed interest and equity income generating securities. ... |
| | | | Perpetual Investments has launched two ESG global equities funds from Trillium for the Australia and New Zealand market. The first, Trillium ESG Global Equity Fund hold 70-150 stocks, excluding fossil fuels and integrating ESG research. Perpetual has ... |
| | | | The House of Representatives Standing Committee on Economics scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running ... |
| | | | A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use. Graeme Walter Miller of Myocum, New South Wales was sentenced on July 31 after pleading guilty to ... |
| | | | ... Daniel Andrews declared Victoria in a "State of Disaster" from 6pm on August 2 and imposed Stage 4 restrictions that will run for six weeks (until September 13) as his government tries to contain the second wave of the coronavirus outbreak. This followed ... |
| | | | ... investment spend, including the cost reduction program, though AMP remains committed to delivering $300 million of annual run-rate cost savings and its transformational investment of $1-1.3 billion." AMP said, despite the challenging circumstances, it ... |
| | | | The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ... |
| | | | A global equities boutique started by Evans & Partners' former head of international equities has added two members to its investment team. Aoris Investment Management was established by Stephen Arnold in 2017. It runs a concentrated portfolio of ... |
| | | | ... central bank largesse. "This means gold has a growing importance within cross-asset portfolios and although tactically, the run higher may be stretched and due for a period of consolidation, long term demand for gold remains." |
| | | | Redpoint Investment Management has wound up its industrials fund but will continue to offer it as the much-bigger model portfolio. The boutique decided to shutter its industrials fund (and equivalent mFund), saying it has not been able to grow the funds ... |
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