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01 February 2019 • By Sarah Simpkins • 1 min read

Average IPO up 8% after first month

Holding onto initial public offerings shares for longer was not a winning strategy in 2018, as a study found IPOs increased by 8 per cent on average ...

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Pengana launches Australian first trust

Australia’s first global private equity listed investment trust is set to be launched by Pengana to give investors exposure to the portfolio

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Hayne’s final report to have ‘monumental impact’ on industry

Researchers from the Sydney University’s School of Business are anticipating significant reforms to be recommended in the royal commission final ...

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Small caps made up the bulk of 2018 IPO entrants

An annual report has revealed that small cap companies continue to make up the bulk of new entrants to the IPO market.  The report by HLB Mann ...

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Alphinity global fund receives Zenith, Morningstar ratings

The Alphinity Global Equity Fund has secured a Recommended rating by Zenith, as well as a four-star Overall Morningstar Rating as it enters its fourth ...

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Aussie annuities stifled by bureaucracy 

A recommendation by the Productivity Commission that the government reconsider its Retirement Income Covenant could pose problems for annuity ...

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Cashwerkz platform reaches $1.5bn

Cashwerkz has announced that cash invested using its deposit platform has reached $1.5 billion, ahead of its forecast.  Cashwerkz, an online ...

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MLC Wealth announces fee cuts

MLC Wealth has announced a massive reduction in fees to win back trust in the market.  Cuts of up to 50 per cent across MLC’s Wrap and retail ...

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BlackRock’s Larry Fink says society needs corporate leadership

BlackRock chairman and chief executive Larry Fink has encouraged corporate leaders to focus on purpose in a world where democracies have descended ...

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AMP profits slide 35 per cent, dividend slashed 

The troubled financial services group has downgraded its profit expectations and drastically reduced its dividend payout for 2018. In a trading ...

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