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Platforms start to shake ERS impact
KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Platform inflows are returning to normal as the impact of government's early release of superannuation starts to wear off, according to Credit Suisse.
First Sentier launches infrastructure fund
KARREN VERGARA  |  FRIDAY, 15 JAN 2021
First Sentier Investors has launched a new US-listed infrastructure fund that is managed locally.
BlackRock results reveal Aladdin trajectory
ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
BlackRock's end-to-end operating system Aladdin is continuing along its trajectory of world domination, but COVID-19 has provided a blip in revenue growth.
Pendal reports $1.6bn in net outflows
KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Investors pulled $1.6 billion net from Pendal Group's strategies in the December quarter, but total funds under management grew 5.4% to hit $97.4 billion as performance picked up.
Newton IM adds Future strategies
ANNABELLE DICKSON  |  FRIDAY, 15 JAN 2021
The BNY Mellon subsidiary has launched three investment strategies that are poised to benefit from the opportunities in sustainability.
Bell Financial Group profits up 44%
KANIKA SOOD  |  THURSDAY, 14 JAN 2021
Bell Financial Group this morning said its net profit after tax for 2020 increased 44% to $46.7 million for the year ending December.
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.
Citi unifies global wealth management business
ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
Citi has overhauled its wealth management business, bringing together its global consumer banking and institutional client operations.
BNP Paribas to offer initial margin services
KANIKA SOOD  |  THURSDAY, 14 JAN 2021
BNP Paribas Securities Services is expanding its collateral management services in Asia Pacific, to include initial margin requirements arising for non-cleared OTC derivatives positions.
Lack of diversity major business risk: SSGA
RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
Racial and ethnic inequity is a systemic risk that "threatens lives, companies, communities, and our economy", according to one of the largest global fund managers.
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