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23 July 2019 • By Eliot Hastie • 1 min read

Banks should shift target ROE

A UBS analysis has said that banks may have to adjust their target ROE given the current environment is not favourable to high profitability

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Cooper Investors opens global fund to market

Cooper Investors has opened its global endowment fund to external investors, the company’s first new wholesale unit trust launched to market in five ...

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Interest rates will be lower for longer

The interest rate environment across the world is at historic low and it will most likely stay that way for years to come. The warning comes from ...

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Morgan Stanley revenue down $517m

Morgan Stanley has reported net revenues for the quarter ending 30 June down by 4 per cent or $517 million from a year ago, despite strong gains in ...

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NAB appoints new CEO

After much speculation, NAB has appointed its new chief executive following the departure of Andrew Thorburn. Current CEO of the Royal Bank of ...

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Fitch Ratings downgrades Westpac, ANZ outlook

Credit rating agency Fitch Ratings has changed its outlook on Westpac and ANZ from “stable” to “negative”, following APRA’s update of its capital ...

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Mayfair 101 launches customer-focused brand

International investment group Mayfair 101 is launching a new brand to focus on Australian customers and provide diversified international investment ...

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BetaShares launches UK ETF

BetaShares has established what it calls the first UK-focused ETF on the ASX, tracking Britain’s sharemarket benchmark, the FTSE 100. The ...

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Dealing with post-Hayne regulatory landscape

The regulatory landscape has fundamentally changed since the Hayne royal commission and entities must engage with regulators in new ways in this ...

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Perpetual posts $1.1bn outflows

Perpetual Investment has recorded net outflows of $1.1 billion for the fourth quarter of 2019, while its funds under management fell by $300 million ...

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