Money Management (Australia)
Money Management offers precise and insightful editorial content focused on the Australian financial services sector. It covers a range of subjects such as taxation, managed funds, property investments, stocks, risk insurance, master trusts, superannuation, margin lending, financial planning, portfolio building, and investment strategies.
Outlet metrics
Global
#602796
Australia
#20129
Finance/Investing
#229
Articles
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5 days ago |
moneymanagement.com.au | Laura Dew
Perpetual has appointed a head of credit and fixed income as managing director Michael Korber retires after more than 20 years with the firm. Vivek Prabhu will lead the team from 1 July, promoted from his current role as head of fixed income which he has held since 2016. He will remain as the fund manager of the Perpetual Diversified Income, Credit Income and ESG Credit Income funds. The credit and fixed income team collectively manages more than $8 billion in assets under management.
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5 days ago |
moneymanagement.com.au | Laura Dew
An active ETF run by InvestSMART is changing its mandate to include exposure to global equities as it believes growth opportunities have become limited to find Australia. From 1 July, InvestSMART’s Intelligent Investor Australian Equity Growth Fund - Active ETF will now be able to invest up to 30 per cent of its net asset value in global shares, primarily those in the US. This will see the ETF change its name to Intelligent Investor Equity Growth Fund.
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5 days ago |
moneymanagement.com.au | Laura Dew
AUSIEX has completed its acquisition of fixed income provider FIIG Holdings. The firm has acquired 100 per cent of FIIG’s issued shares, making it a wholly owned subsidiary of AUSIEX and finalising a deal previously announced to the market last month. Now the deal is complete, AUSIEX said it intends for the firm to “expand the range of products offered and provide services that meet a wider range of needs of institutions, family offices, financial advisers, high-net-worth and wholesale investors”.
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6 days ago |
moneymanagement.com.au | Jessica Penny
Iress has finalised the sale of its superannuation business to global financial services provider, Apex Group. First announcing in January that it had entered into a binding share sale and purchase agreement to divest its super business, Apex Group purchased Iress’ superannuation arm for $40 million in cash consideration, plus additional payments of up to $20 million over 12 months.
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6 days ago |
moneymanagement.com.au | Laura Dew
With LGT Crestone completing its acquisition of CBA’s advice firm, Money Management details the M&A activities of the second quarter so far. LGT Crestone confirmed this week that it had completed the acquisition of Commonwealth Bank’s high-net-worth financial advisory business. This brought across some $5 billion in assets under advice to LGT Crestone which brought its total to $40 billion and 138 advisers.
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