06/24/2020

Amazon launches climate VC fund

Telecommunications company Verizon, hygiene and health product manufacturer Reckitt Benckiser (RB), and IT consulting company Infosys have recently joined the pledge.

06/24/2020

Franklin Templeton cuts fees

The biggest cut in the category is for its Australian absolute return bond fund, which is going from 0.65% per year in management costs to 0.50%.

06/23/2020

AMP Life sale nears completion, new execs appointed

As a part of the change in ownership, Greg Bird will be the new chief investment officer and chief actuary for AMP Life, a spokesperson confirmed. Bird was previously the group actuary for AMP Limited.

06/23/2020

Investors need to stay flexible

In late March, the fund significantly increased its exposure to long-duration US investment-grade corporate bonds.

06/23/2020

Markets edgy ahead of economic data

Investors await economic data amid worry that improvements may be unsustainable; Gold and US Treasuries catch safety bid; Credit primary markets busy in shorter holiday week

06/23/2020

Nomura to Establish Content Company

Nomura will also enhance private side research for unlisted companies and other financial assets, and continue to offer proposals for society.

06/22/2020

ISA responds to calls for SG freeze

The Prime Minister and Treasurer wouldn't want to risk a generation of Australian workers being dumped on the pension to be their lasting legacy; they know we would all pay for that through higher taxes.

06/22/2020

Challenger raising $300m, to add IG bonds

The annuities giant said it will use the proceeds to add to its balance sheet (taking pro forma PCA ratio to 1.78x from 1.63x at May end ) and to add return on equity accretive investment opportunities.

06/22/2020

Another billion removed from super

The 10 funds with the highest number of applications received from the ATO have made 1.42 million payments worth a total of $10.46 billion.