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21 April 2021 • By Lachlan Maddock • 1 min read

Magellan missed the recovery: Douglass

Hamish Douglass admitted that Magellan had been “too cautious” on the recent reopening trade while warning that a recent rise in speculative bubbles ...

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Asset managers flock to net-zero pledge

State Street, Russell Investments and US ESG specialist Trillium Asset Management are among 14 new investors signing up for the Net Zero Asset ...

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Challenger issues profit warning

The annuities and investment group has told shareholders to tone down their expectations, cautioning its 2021 full-year profit will be at the lower ...

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ScoMo’s climate ‘plan’ reveals nothing

Prime Minister Scott Morrison says that net zero won’t be achieved in the “wine bars of our inner cities” – but current policy settings mean it’s ...

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Employment rebounding faster than expected: RBA

The economy and employment rates are improving at faster rates than previously anticipated, but the Reserve Bank has maintained it will need to see ...

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Super funds see ‘astonishing’ comeback

Superannuation funds have continued their “astonishing” COVID bounceback and are now likely to finish the 2021 financial year with double-digit ...

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SS&C moves on Mainstream acquisition

Mainstream’s board of directors has unanimously recommended an acquisition offer from US-based SS&C that values the company at nearly $300 million

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SG freeze could be Coalition’s Achilles heel: Hewson

Following speculation that the government will go ahead with the promised increase to the SG rate in the coming budget, an ex-Liberal leader has said ...

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Centuria to merge with Primewest

Centuria is set to make an off-market takeover of rival Primewest, in a deal that will result in a real estate fund manager with more than $15 billion ...

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WTW commits to net zero

Willis Towers Watson Investments has pledged to net-zero greenhouse gas emissions by 2050, across its discretionary delegated investment portfolios

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