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| | AXA is at the pointy end of discussions with BNP Paribas to offload its asset management business for $8.5 billion. AXA Investment Managers has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 ... |
| | | J.P. Morgan Asset Management (JPMAM) today announced the listing of JPMorgan Global Equity Premium Income Complex ETF (JEGA) to its equity premium income suite, which houses other strategies of JEPI and JPEQ. The new ETF, which seeks to generate 7-9% ... |
| | | Shadow Assistant Treasurer Luke Howarth has reaffirmed the opposition unreservedly supports Michelle Levy's Quality of Advice Review (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services ... |
| | | Eildon Capital Group has offloaded its interest in four funds for $3.63 million to Trilogy Group. The ASX-listed firm entered a binding sale agreement with Trilogy to divest its management rights and direct co-investment stakes as part of a strategic ... |
| | | CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ... |
| | | ASIC has released a consultation paper on proposed rules to facilitate competitive outcomes in cash equity clearing and settlement (CS) services provided by the ASX Group. The corporate regulator's release of the consultation paper marks the first exercise ... |
| | | The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ... |
| | | New research from AMP has revealed Australians' attitudes to intergenerational wealth. The research found half of those under 40 believe they will need to support their parents financially as they age, with children and their parents reluctant to ... |
| | | Resolution Life Australasia has appointed Dean Mulheron to the role of chief product and marketing officer, supported by the new head of marketing and partnerships, Nathan Taggart. Mulheron, who joined the company almost three years ago as its chapter ... |
| | | MLC chief investment officer Dan Farmer has told an investment forum that while there have been times when diversifying felt like sacrificing returns, it's now being rewarded. For equity markets, a big driver of portfolio returns, Farmer said that MLC ... |
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