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Showing 331 - 340 of 1558 results for "Round"

Macquarie IM the nation's largest manager

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
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 ...

Magellan launches funds on Chi-X

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
... 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 to buy competitor for $60bn

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
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 expands Australian operations

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
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 ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
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 ...

Jarden continues Australian expansion

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... 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 ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
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 ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
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 ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... 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 ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
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 ...