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| | | Macquarie Investment Management has knocked off AMP Capital as the largest Australian-owned fund manager according to asset size, new Rainmaker data reveals. AMP Capital suffered a $40 billion drop in funds under management in the year to September ... |
| | | | ... them using a proprietary process," Cairns said. Cairns said the Core series funds will have a management fee of 0.50% pa, round half of Magellan's usual fee. "We believe the series provides an attractive lower cost alternative for those wishing to ... |
| | | | S&P Global will spend about $60 billion in stock to buy data and analytics provider IHS Markit, with the two merging by 2021 end. S&P and IHS Markit have entered a definitive merger agreement that is unanimously approved by both their boards and are ... |
| | | | Deutsche Bank has launched a cash management business in Australia, adding 14 new staff including a head of cash product. In what the bank is describing as "a terrific boost for local employees", the new Australian business marks the 14 th in Asia Pacific ... |
| | | | News that a COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports ... |
| | | | ... Pardea. Pardea also joined from Goldman Sachs' where he was a vice president. The New Zealand firm referred to its first round of hires as a "heavyweight Australian research team". In September, Frank Sarks joined Jarden Australia as director of institutional ... |
| | | | The former pensions and investments business of ANZ has exacerbated IOOF's client remediation bill, which has now topped $760 million. The provision for ex-ANZ P&I took the lion's share of the total remediation bill at $197.9 million. The firm ... |
| | | | It may have gone up and down and round and round but the US equity market has trended higher and higher and is outperforming its peers. Despite topping the list of total cases of coronavirus infections (8.6 million), new cases (0.6 million) and deaths ... |
| | | | ... Partners and Daido Life. Smaller parcels came from Australian and international sophisticated investors in a recent series B round of funding. Integrity Insurance Group chair Eric Dodd said: "We are on a growth trajectory, despite the backdrop of COVID-19 ... |
| | | | Like the Energizer bunny, the price of iron ore keeps on going and going and going... up. And this, despite the coronavirus pandemic still doing the rounds on Earth - ongoing first wave or second wave - with worldometer.com's latest stats showing ... |
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