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13 September 2017 • By Jessica Yun • 1 min read

‘Annuity-style businesses' drive Macquarie outlook

Morningstar analysts have tipped strong performance for Macquarie off the back of  “annuity-style businesses” in funds management, banking and asset ...

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SSGA divests tobacco, weapons shares

State Street Global Advisors has announced its divestment of tobacco and controversial weapons shares in its State Street Global Index Plus Trust

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Merrill Lynch fined over futures trading ‘failures’

ASIC has handed Merrill Lynch’s Australian future business an infringement notice and a $60,000 penalty. An ASIC Market Disciplinary Panel ...

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Ardea makes new appointments

Ardea Investment Management has welcomed former Saka Capital fixed income portfolio manager Gopi Karunakaran and former Challenger analyst Harry Singh ...

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Citi backs resources over ‘yield’ plays

Citi’s Australian equity strategists continue to favour the resources sector over “yield-sensitive” sectors like utilities, REITs, healthcare and ...

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Watermark market neutral fund approved by AMP

Watermark’s market neutral trust has received a tick of approval from AMP’s advice research function, paving the way for its inclusion on AMP’s ...

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Bridgeport general manager heads to Centrepoint

The former head of Netwealth’s Bridgeport Financial Services has joined Centrepoint Alliance as a management consultant. Cameron Cogle, who was ...

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Schroders winds up Microcap Fund

Schroders has completed the winding up of its Microcap Fund, following the departure of three key staff in 2016 and an analyst in June 2017

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Nothing ‘cyclical’ about independent licensing

The movement of financial advisers away from institutional licensing is a structure trend that is here to stay, says former MLC boss Steve Tucker

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AZ Sestante launches global macro fund

AZ Sestante, the Australian subsidiary of Italian wealth management firm Azimut, has launched an Australian version of AZ Funds Management’s global ...

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