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09 October 2017 • By • 1 min read

Magellan Global Trust raises $1.55bn

Magellan’s IPO of its new listed investment company, the Magellan Global Trust, has indicatively raised $1.55 billion. The Magellan Global Trust ...

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Link to provide admin for QVG Capital

Link Fund Solutions has been appointed to provide QVG Capital with fund administration and custody services. According to a statement by Link Fund ...

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CBA shareholder action launched

Maurice Blackburn has filed a shareholder class action against CBA related to the bank’s handling of its AUSTRAC compliance obligations

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Banks need a ‘better cost structure’: Narev

Australia’s major banks must use data analytics, artificial intelligence and robotics to increase productivity and reduce costs, says outgoing CBA ...

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CME Group opens Sydney office

Global derivatives marketplace CME Group, which operates the Chicago Mercantile Exchange, has opened a new office in Sydney as it looks to build out ...

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‘Sub-par outlook’ for rate normalisation: Natixis

With most central banks still engaged in quantitative easing to varying degrees, “below-average” returns remain on the horizon, says Natixis Global ...

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Competition driving down ETF fees: Zenith

Higher competition and demand for lower-priced products has driven down the price of ETF fees, according to Zenith Investment Partners. The ...

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BT restructures wealth management arm

BT Financial Group has restructured its advice and private wealth division, which will see the departure of general manager of advice Mark Spiers

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Spaceship increases tech exposure to 50%

Technology-themed retail fund Spaceship has increased its exposure to technology stocks from 30 per cent to 50 per cent in an effort to become more ...

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Global trade surges back to life

The previous financial year saw the strongest growth in global trade since the GFC, says Aberdeen Standard Investments – despite a record-low number ...

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