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Investment

Integrated Portfolio Solutions offers Private Markets solution

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Integrated Portfolio Solutions is expanding its suite of solutions, launching a new Private Markets offering.

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Pendal Group has flagged it will turn its attention to cost management as it reports an 8% lift in profits.

Russell Investments launches ESG managed portfolios

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Following investor demand for more ESG options, Russell Investments has launched a range of sustainable managed portfolios.

BetaShares reveals Future of Food ETF

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
BetaShares has announced the upcoming launch of its Australian-first Future of Food ETF (IEAT).

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
ETF Securities is claiming to have won the race to launch Australia's first bitcoin and ether ETFs.

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
Westpac cash earnings were down 12% compared to the first half of 2021 to $3.1 billion, revenues also fell 8% but were offset by significant cost reductions.

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
Magellan Financial Group has sold its 11.6% stake in Guzman y Gomez to a Barrenjoey Capital Partners entity for $140 million so it can focus on funds management.

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform.

Woolworths scraps AMP super mandate

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Woolworths has terminated the $4 billion corporate super mandate it had with AMP, instead appointing Australian Retirement Trust to manage 30,000 employees' superannuation.

Aura, Montgomery ink distribution deal

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Montgomery Investment Management will now distribute the Aura High Yield SME Fund on behalf of Aura Funds Management.