The latest issue of Financial Standard now available as an e-newspaper
|Platinum Asset Management's Asian equities and global equities LIC will now have a common board, as its Asia LIC's chair Malcolm Halstead retires.|
|The index provider will reclassify Pakistan from emerging to frontier, on the back of size and liquidity.|
|State Street Corporation will acquire the custody business of a competitor for $4.74 billion (US$3.5bn).|
|The ASX-listed group is growing its presence across the ditch, with six of its funds becoming available via a KiwiSaver scheme.|
|Navigator Global Investments has acquired a stake in an alternatives investment manager.|
|The Liberman-family backed firm launched the Monark Prime Credit Fund earlier this month as an open-ended fund investing in senior debt only loans secured against property.|
|AMP Capital will sell over half of its stake in a train leasing company based in the UK.|
|The Sydney multi-boutique is looking to add to its stake in Christopher Joye's Coolabah Capital Investments as the latter grows its FUM by 172% in less than two years.|
|Only half of superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows.|
|Superannuation funds that dismiss crypto assets are at risk of underperforming, the AIST ASI Conference has heard.|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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