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Investment

ADB invests in sustainable start-ups

KARREN VERGARA  |  WEDNESDAY, 24 MAR 2021
The Asian Development Bank (ADB) has made its first investments in start-ups that help address development challenges in emerging countries, mainly focusing on climate and gender impact.

ASIC okay with virtual AGMs

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
The corporate regulator will take a "no action" position on companies holding their annual general meetings via videoconferencing as the COVID protections lapse.

Sydney boutique to buy a slice of Investec assets

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
A Sydney private debt manager will acquire a portion of South African Investec's local debt portfolio, as the latter exits Australia.

Xero makes Swedish acquisition

ELIZA BAVIN  |  WEDNESDAY, 24 MAR 2021
Xero has acquired a Sweden-based e-invoicing technology provider for around $23 million.

New fund launches on Chi-X

ELIZA BAVIN  |  WEDNESDAY, 24 MAR 2021
The 360 Capital Active Value Equity Fund (TAVF) has launched on the Chi-X Australia stock exchange due to growing demand from Australian retail investors.

Insider trading four times more common

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
New research estimates that the actual prevalence of illegal insider trading is much higher than regulators think, at least four times greater than the number of prosecutions.

Hyperion ETF goes live

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
After previously announcing its venture into active ETFs, Hyperion listed its global equities strategy on the Australian Securities Exchange.

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA).

Perpetual's Garry Laurence starts boutique

KANIKA SOOD  |  MONDAY, 22 MAR 2021
Former Perpetual Investment global equities portfolio manager Garry Laurence has started a new boutique which is currently raising for its first fund.

Adamantem invests in carbon farming

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
Adamantem Capital has taken a majority stake in a carbon farming project developer which works to regenerate farmed land.