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Investment

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
There is another side to the exponential growth exchange traded products have enjoyed; not every manager will be able to get in on the action, and legacy unit trusts will likely lose out.

Macquarie finalises Waddell & Reed acquisition

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
Macquarie Asset Management has completed the acquisition of NYSE-listed Waddell & Reed Financial.

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined.

New partnership for BC Investment Group

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
BC Investment Group has partnered with Novatti to launch a new banking business in Australia.

Crescent Finance launches real estate funds

KANIKA SOOD  |  MONDAY, 3 MAY 2021
Crescent Finance is setting its sights on $5 billion of property transactions over the next five years, as it launches two new funds to invest in Islamic-compliant housing.

Evergreen partners with Generation Life

KANIKA SOOD  |  MONDAY, 3 MAY 2021
Evergreen Consultants has launched a multi-asset portfolio with 18 external managers that is implemented via Generation Life's tax-effective structure.

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive.

Value of internet search for stock markets revealed

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
New research from RMIT has found that suppressing internet searches creates stock market instability.

Mandates will flow to transparency: Survey

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
A survey of institutional investors has found that most expect to place greater emphasis on the importance of transparency when allocating money to fund managers.

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
AMP chair Deborah Hazelton has dodged heavy-hitting questions from shareholders who demanded transparency on the firm's failure to reign in chaotic leadership changes and why they are the last to know about significant announcements.