Investment
One in three chance of global recession: Aviva
ELIZA BAVIN  |  MONDAY, 14 OCT 2019
Aviva Investors has warned of a one in three chance of a global recession next year, saying the trade and manufacturing sector is already at recessionary levels.
ETFS Capital backs indexing startup
KANIKA SOOD  |  FRIDAY, 11 OCT 2019
ETFS Capital, chaired by Australian billionaire Graham Tuckwell, made a significant investment in a London indexing startup founded by industry heavyweights last year.
mFunds crack $1 billion, PIMCO dominates
KANIKA SOOD  |  FRIDAY, 11 OCT 2019
Five years after they launched, ASX mFunds have finally cracked $1 billion, with PIMCO's funds emerging as the most popular.
IOOF divests Perennial Value
ELIZABETH MCARTHUR  |  FRIDAY, 11 OCT 2019
IOOF has divested its equity stake in Perennial Value Management, with senior executives of the firm acquiring its interest.
BlackRock Australia rejigs multi-asset range
KANIKA SOOD  |  THURSDAY, 10 OCT 2019
Two popular multi-asset funds from BlackRock Australia are getting an ESG makeover, effective end of this month.
First State Super enters global equities partnership
JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
The $100 billion superannuation fund has awarded a $500 million multi-factor mandate to a global manager that will also provide the fund with research and development support.
New open ended fund launches
ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
A trans-Tasman asset manager is launching a new fund for Australian investors.
Platinum global shares fund to shutter
KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Platinum Asset Management is set to bid farewell to one of its longest-running funds, after a year of outflows.
Boutique hires from Ellerston Capital
KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
A Melbourne global equities boutique has added to its team with a hire from Ellerston Capital, as it confirms its partnership with Channel Capital.
ANZ remediation costs break $1 billion
ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
ANZ has announced its second half 2019 cash profit will suffer a $559 million charge as a result of additional customer remediation.
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