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| | | A gathering of G7 ministers responsible for development cooperation has issued a strong statement in support of impact investing. This comes after world leaders at the G20 summit in Osaka also spoke about the potential benefits of impact investing. ... |
| | | | ... this year, The Economist published its 'Big Mac' index. It showed that apart from the overvaluation of the Swiss franc (18.7%), Norwegian krone (5.0%) and Swedish krona (4.6%), currencies in the rest of the world are undervalued relative to the ... |
| | | | ... new role, he will work alongside his old BTIM colleagues, Eben Bowditch who is now the head of sales at Invesco and Martin Franc who is the chief executive. Invesco has raised about $9 billion in funds under management in Australia across its global ... |
| | | | Yellow Brick Road is restructuring its wealth business that will result in job cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure ... |
| | | | The big accounting firms have released their analysis of the big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations ... |
| | | | AMP's wealth management arm saw net outflows of $1.8 billion last quarter. Announced as part of its annual general meeting today, the embattled wealth manager revealed outflows from its Australian wealth business tipped $1.8 billion in the first ... |
| | | | The Sydney boutique has partnered with an advisory firm to launch a new fund that will invest in Asian credit. The Tribeca Vanda Asian Credit Fund will be managed by John Stover who joins from global multi-strategy hedge fund Farallon Capital. The fund ... |
| | | | State Street has hired Citigroup's Asia chief executive as the new chief executive of its international business. Francisco Aristeguieta will be responsible for the company's business outside of US including strategy, client engagement, talent, growth ... |
| | | | Hot on the heels of the passage of new gun laws in New Zealand, the NZ Super Fund has divested all companies involved in the manufacturing of automatic and semi-automatic weapons. The fund confirmed companies involved in the manufacture of civilian ... |
| | | | AMP has announced five new appointments to its wealth management leadership team. Dedicated to providing better experiences and outcomes for clients, AMP has built out the executive team charged with overseeing its troubled wealth management business. ... |
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