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Investment

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Link Group has responded to the recent takeover proposal from SS&C Technology Holdings, saying it inappropriately values the company but will allow the commencement of due diligence with the hopes of a better offer.

Aberdeen Standard pulls plug on Aussie fixed income

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
Aberdeen Standard Investments will stop offering Australian fixed income strategies, after a strategic reconfiguration of the business.

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
The South African wealth manager and banking group is exiting the Australian market after 20 years.

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
A quarter of the participants in a new survey said their HECS-HELP debt was standing in their way to start investing outside of superannuation.

CBA opens Amsterdam office, eyes European instos

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
Armed with a new licence, the Commonwealth Bank is making a play for European institutional investors by establishing a new office in the Netherlands.

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Man Group's discretionary investment management engine, Man GLG, has launched an Asia (ex-Japan) equities strategy headed by its newest portfolio manager.

CIP Asset Management enters retail market

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
CIP Asset Management, formerly Challenger Investment Partners, has entered the retail fixed income funds management market.

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
A Nasdaq-listed firm has one-upped the Pacific Equity Partners and Carlyle Group consortium bid to acquire Link Group.

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
NAB Asset Servicing has been appointed the custodian for a banking group.

AllianceBernstein Australia eyes ETFs

KANIKA SOOD  |  MONDAY, 7 DEC 2020
The US manager is readying its well-performing $1.2 billion AB Managed Volatility Equities fund for an active ETF debut early next year.