Court throws out Aurora fund takeover bid
KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Aurora Funds Management yesterday won court orders against Primary Securities which tried to topple it as the responsible entity for a listed fund in a rogue shareholder meeting on January 15.
Legg Mason launches new fund
ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
Global asset manager Legg Mason launched a new fund to meet growing market demand for investment options that incorporate environmental, social and governance (ESG) frameworks.
Macquarie, Aberdeen Standard team up for Thames tunnel
HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
A consortium of global infrastructure heavyweights including Macquarie Capital and Aberdeen Standard Investments will build a £1 billion tunnel under the River Thames.
New tax-effective Aussie shares fund
KANIKA SOOD  |  THURSDAY, 30 MAY 2019
A Sydney boutique that says the highest bracket of tax payers can lose 40% of the returns on their Aussie shares portfolio to taxes has launched a new fund aiming to solve the problem.
Wealth firm backs new Perennial fund
KANIKA SOOD  |  THURSDAY, 30 MAY 2019
Morgan Stanley Wealth Management will invest $25 million in a new fund from Perennial's small and micro caps team.
SSGA launches four model portfolios
KARREN VERGARA  |  THURSDAY, 30 MAY 2019
State Street Global Advisors will launch a suite of multi-asset ETF model portfolios that aim to meet financial advisers' demand for low cost and easy to implement solutions.
Banks sluggish on Indigenous financial inclusion
KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
Indigenous Australians are being let down by financial institutions' failure to provide access to basic banking services and recognise different cultural attitudes towards money, a new report from the First Nations Foundation reveals.
Liberal win stuns, ASX rallies: Poll
KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
While the Liberal Party's win came as a surprise to the majority of our readership, stock market investors on the other hand were buoyant with the result, Financial Standard's latest spot poll shows.
Investment firm plans delisting
KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
An investment firm focused on private equity style transactions has decided to delist from the ASX.
Perpetual wins trustee mandate
KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
An infrastructure fund aiming to invest $500 million over five years has chosen Perpetual Corporate Trust as its custodian and wholesale trustee.
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