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23 April 2021 • By Sarah Kendell • 1 min read

AMP to spin off private markets business

AMP has announced it will pursue a demerger of its private markets arm, while a controversial executive will exit the business. After failing to ...

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Invest for climate or face consequences, lawyers tell super funds

Super trustees are already legally obliged to clamp down on the financial risks posed by climate change in their portfolios and to dump vulnerable ...

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APRA warns of ‘irreversible’ climate risk

The prudential regulator has warned businesses that they must work quickly to understand “the unprecedented nature of climate change” if they want to ...

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Perennial launches new boutique

Perennial will establish a “next-generation” sustainable investment business to build on the success of its Better Future Trust.  Perennial Better ...

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Centuria expands into real estate debt

The real estate fund manager is set to acquire a 50 per cent stake in real estate debt fund provider Bass Capital for $24 million.  Centuria ...

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Besieged AMP stays mum on Ares

Despite the upheaval facing every division of its business AMP gave nothing away when it released an update on Thursday. AMP Limited’s cash flows ...

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‘Not the right way to do reform’: Labor’s open door policy to industry

The federal opposition has set the stage for its approach to financial services regulation in the lead-up to a possible election early next year, ...

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JANA CIO resigns

After 23 years with JANA, the group’s chief investment officer will be departing the firm in December. Steven Carew has spent the last three years ...

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Perks names investment committee chair

South Australian accounting and wealth firm Perks Private Wealth has nabbed a former BlackRock executive to chair its investment committee

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NZ Super picks equities manager

The Guardians of New Zealand Superannuation has named a new manager for NZ equities for the NZ$55 billion fund.  Joe Halapua has taken the role, ...

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