The latest issue of Financial Standard now available as an e-newspaper
|The energy sector remains the only undervalued area of the Australian equity market while consumer cyclical is the most overvalued, according to Morningstar.|
|BNY Mellon subsidiary Milestone Group has launched a back-office solution that aims to accurately value securities.|
|Zenith Investment Partners has been sold to a London-based data feed and technology provider for an undisclosed amount.|
|Magellan Financial Group recorded net outflows in its retail and institutional funds under management last quarter, bringing it back to June figures.|
|The Pinnacle boutique is celebrating the launch of its new global listed infrastructure offering.|
|AustralianSuper announced another major infrastructure deal, as new chief executive Paul Schroder officially took on the top job.|
|Washington H Soul Pattinson (WHSP) has implemented its $4 billion merger with LIC, Milton Corporation.|
|The Chartered Financial Analyst (CFA) certificate in ESG investing has officially launched in Australia.|
|Perpetual has acquired Laminar Capital, a specialist debt markets and advisory business with funds under management and advice of $8 billion.|
|A specialist small and micro-cap Australian equities investment manager has launched a new investment fund that will take positions in a small number of Australian private businesses.|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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