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06 July 2016 • By Huntley Mitchell • 1 min read

Westpac finalises $1.7bn capital raising

Westpac has completed a $1.7 billion capital raising with a successful capital notes offer. In a statement to shareholders, the major bank said ...

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Equipsuper appoints head of technology

Industry super fund Equipsuper has created the new role of head of technology to roll out a number of new platforms across the fund. Mary Nottle ...

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Reserve Bank keeps cash rate on hold in July

The Reserve Bank of Australia has decided to hold the official cash rate at 1.75 per cent following its July board meeting. With inflation data for ...

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Election limbo won't hurt AAA rating: Moody's

Uncertainty surrounding the outcome of the weekend's federal election will have "limited credit implications" for Australia's sovereign credit ...

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Short the UK banks, says Martin Currie

The best opportunity for investors in the aftermath of the Brexit vote may well be to short sell the UK financial sector, says Scottish active ...

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Netwealth awards $400m mandate

Platform provider Netwealth has announced a new fund manager for its actively managed diversified funds. Russell Investments will take control of ...

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Inflation 'complacency' a risk: Ardea IM

Fixed-income investment company Ardea Investment Management has warned investors not to be complacent about inflation, despite the current “benign ...

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BNP Paribas launches ESG tool

BNP Paribas Securities Services has launched an environmental, social and governance (ESG) risk analytics tool for institutional investors

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AGF wind-up ‘could take 18 months’: AMP Capital

AMP Capital has released its much-anticipated explanatory memorandum about the upcoming unitholder extraordinary general meeting to determine the ...

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Weak commodity prices hinder Australian economy

Australia’s economy is being dragged down by weakening commodity prices, according to Fiducian. In a note to investors, Fiducian’s investment ...

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