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23 August 2016 • By • 1 min read

First State Super awards $1.6 billion mandate

Neuberger Berman has been awarded a $1.6 billion emerging market equities mandate by First State Super. First State Super has engaged Neuberger ...

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Moody's downgrades banking outlook

The rating outlooks for five Australian major banks have been revised to negative by research house Moody’s Investors Service. The banks in ...

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Banks facing US legal action over BBSW

The big four Australian banks and 32 other financial institutions are being sued in a US court case regarding bank trading and the bank bill swap rate ...

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Perpetual LIC doubles profit

Perpetual Equity Investment Company (PIC) has reported a net profit after tax of $7.6 million for the year ended 30 June 2016 – significantly higher ...

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IRESS reports increase in wealth revenue

The wealth management division of IRESS increased its revenue by 5 per cent in the six months ending 30 June 2016. According to IRESS' first-half ...

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Blue Sky reports solid growth for 2015-16

Blue Sky Alternative Investments has announced a 57 per cent growth in net profit after tax for the 2015-16 financial year, up from $10

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Life insurance losses hit AMP profit

Losses across all categories within AMP’s life insurance division have pulled down the company's half-year profit by 10 per cent to $513 million

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Fixed income ETP flows set to double

Global flows into fixed income exchange-traded products is on track to double in 2016, according to new data released by BlackRock. The ...

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Moody’s increases Chinese growth expectations

China’s economy appears to be stabilising at a robust growth rate, but long-term risk still remains, says Moody’s Investors Service

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ASX full-year profit up 5.7%

Increased trading activity throughout 2015-16, as well as an increase in secondary capital raisings, have helped the Australian Securities Exchange ...

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