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Perpetual Investments names group executive

17 December 2015 • By • 1 min read

Perpetual Investments names group executive

Perpetual has appointed a new group executive of its investments arm to replace Michael Gordon who will depart the firm in February 2016

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Tria plays down 'direct consumer' threat

The superannuation industry has spent "hundreds of millions of dollars" trying to court direct consumers over the years, but it turns out the pool ...

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Government downgrades growth to 2.5%

The federal government's MYEFO report has downgraded the economic growth forecast for 2015-16 from 2.75 per cent to 2.5 per cent, reflecting the ...

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IFM Investors creates large-cap team

IFM Investors, the global funds management firm owned by a consortium of 30 industry funds, has set up a large-cap active equity capability within its ...

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ASIC fines former Gunns chairman $500,000

Former chairman and director of Gunns Limited, John Gay, has been fined $500,000 by ASIC for insider trading. John Gay, the former chairman and ...

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ETFs a 'positive force for disruption': report

Exchange-traded fund (ETF) businesses expect to grow by approximately 18 per cent for the next three to five years, according to a new report by Ernst ...

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Retail FUM/A up 7.6% in 2015

Retail and wholesale funds under management and advice (FUM/A) increased by 7.6 per cent to $1.1 trillion in the 12 months to September 2015, ...

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Bank divestment to continue in 2016

The preoccupation of the big banks with their capital costs is likely to see increased divestment activity in 2016, predicts Herbert Smith Freehills

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Chance of a US Fed 'mistake' muted

If the US Federal Reserve raises rates this week, as markets widely expect, it is unlikely to be making a significant mistake, says Western Asset ...

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GBST announces new chief executive

Wealth management and capital markets software provider GBST has appointed a new managing director and chief executive. Announcing the appointment ...

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