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21 August 2023 • By Maja Garaca Djurdjevic • 1 min read

AMP settles class action

AMP says it has settled a class action for $110 million. In a filing to the ASX, AMP said on Monday it has reached an agreement to settle the ...

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QIC scores $500m European PE mandate

The private markets investor is looking to capitalise on Europe’s shifting market landscape with one of Denmark’s largest pension funds

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‘High risk’ of a correction in share markets, economist warns

Shares in the US and Australia have retreated from their July highs. AMP chief economist Shane Oliver has warned that shares are at high risk of a ...

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Centuria flags ‘challenging’ outlook after delivering growth in FY23

The ASX-listed specialist investment manager has reported its full-year results. Centuria Capital Group has posted an operating profit after tax of ...

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Magellan’s profit more than halves as FUM holds below $40bn

Despite a substantial fall in profit and funds under management, Magellan says it has made a “solid start” on implementing its five-year strategy

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GQG records US$6.2bn in net flows in spite of ‘difficult industry environment’

As part of its half-year results, the global investment boutique has reported an increase in funds under management of more than 20 per cent

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Softer labour force data ‘fits neatly’ with RBA’s recent sentiment

The ABS has reported an increase in the unemployment rate, supporting the RBA’s view that the labour market may be at a turning point

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ASX reports profit drop following CHESS writedown

The market operator has published its full-year results. In its full-year results released on Thursday, ASX posted a 37.6 per cent drop in ...

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First-ever Women in Finance Summit launches

Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading female business owners in the ...

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Why ESG improvers may prove more resilient to higher rates and inflation

ESG improvers can help provide resilience within an investment portfolio, according to an Australian funds management group. Pengana Capital Group ...

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