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The future of infrastructure is digital: Macquarie

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
COVID-19 has only served to accelerate the already growing trend towards digital infrastructure, according to Macquarie Infrastructure Partners (MIP). Speaking to Financial Standard as part of the JANA Annual Conference, chief executive of MIP, Macquarie ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
Recently rebranded Aware Super has entered into a partnership with the largest pension provider in the Netherlands, APG, to expand a serviced apartment chain across major European capital cities. The asset owners announced the agreement with City ID ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... supported by the latest "economic projections of Federal Reserve Board members and Federal Reserve Bank presidents, that show PCE price inflation reaching the inflation target of 2% three years from now. The Fed's latest forecasts show GDP growth ...

Industry fund reveals new mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 16 SEP 2020
An industry superannuation fund has overhauled its investment strategy, terminating and replacing several managers in the process. Following the recent termination of AMP Capital as investment manager for its Balanced Socially Responsible option, as ...

Corporates have a critical role in social, environmental outcomes

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... subsequently ranked by Rainmaker as one of the top 10 Australian large cap equities managers. In its second year, figures to August show the fund outperformed the index by 11.2%, with an absolute return of 6.4%. "These figures prove that investing for ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
Wholesale and retail managed funds have recovered almost half of the pandemic-induced losses incurred during the March quarter, new research from Plan For Life shows. Both wholesale and retail managed funds ended the 2019/20 financial year down 4.6% ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... for lesser bucks. China's draconian response also limited the government's spending measures. Statista.com figures show the Chinese government's fiscal stimulus packages amounted to 7% of GDP as at July 2020 - less than Japan's 21.1% ...

Melbourne boutique raising $70m for new fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... and regenerative farming. The first close is set at $70 million and the fund is for wholesale investors only. "We want to show that finance can be a force for good and we work in the context of broader visions. We see a future where energy is 100% renewable ...