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Investment

Fund seeks to internalise management

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
An ASX-listed property investment company is seeking to internalise its management and will pay about $4 million to existing owner.

Morningstar ratings tally for global equities

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
Morningstar's latest cycle of reviews for global equities managers has resulted in 12 upgrades and 21 downgrades, as it takes into account its new analyst rating framework from last year.

Japanese bank makes major voting blunder

ALLY SELBY  |  FRIDAY, 25 SEP 2020
One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings.

BetaShares' Nasdaq ETF surpasses $1bn

ALLY SELBY  |  FRIDAY, 25 SEP 2020
BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year.

FCA reviews regulation of foreign financial services firms

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
The Financial Conduct Authority is reassessing how it should authorise and supervise foreign firms providing financial services in the UK as the Brexit transition period ends.

S&P launches sustainable versions of flagship indices

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
S&P Dow Jones Indices (S&P DJI) has launched sustainability screened versions of its core US equity indices.

Robeco extends exclusions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds.

MLC cuts fees, commissions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
MLC has cut fees and commissions on its platform for MLC MasterKey Investment Service and MLC MasterKey Unit Trust.

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance.

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
After changing its branding in Australia just over a year ago, First Sentier Investors has finalised the roll out of its new name in all markets.