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11 February 2021 • By Lachlan Maddock • 1 min read

Douglass defends strategy

Magellan chief investment officer Hamish Douglass has hit back at critics of his global equity strategy and warned that vaccines might not be the ...

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Ares backs out of AMP bid

AMP has reported that its profit was down by a third in the 2020 year, as US bidder Ares Management Corporation has reversed out of its previous offer

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InvestorDaily wraps up inaugural ESG Summit

InvestorDaily’s ESG Summit answered the burning questions around this burgeoning industry as Australian finance rises to meet surging demand for ...

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Pre-COVID bank dividends 2 years away, investor warns

CBA’s decision to hand out a boosted dividend could signal the banks are on course for recovery, but an investment manager has forecast shareholders ...

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Praemium profit soars on Powerwrap acquisition

Praemium saw record first-half results with profit and funds under administration both soaring off the back of its Powerwrap acquisition

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Challenger cops 29% profit fall

The annuities and investment group recorded a 29 per cent year-on-year decline in net profit during the first half of the 2021 financial year, despite ...

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‘Fundamentally, the money is shifting’: RIAA CEO

Three major forces are converging to drive the popularity of responsible investing in Australia, and finance will need to move fast if it wants to ...

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Macquarie CEO optimistic despite dipped FY21 forecast

The chief of Macquarie has said the group’s operating environment improved during the last quarter, but the company’s profit for the 2021 financial ...

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Value resurgence to fizzle out, fundie warns

A fund manager has cautioned against following the current resurged interest in value-style investment, commenting the tweaking of strategies to chase ...

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Life insurer exits Janus Henderson

Japanese insurer Dai-Ichi Life Holdings has sold out of its 17 per cent stake in Janus Henderson Group and relinquished its board seat. An SEC ...

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