Amundi enters into exclusive negotiations for the acquisition of Lyxor

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Amundi announces that it has entered into exclusive negotiations with Société Générale for the acquisition of Lyxor[1] for a total cash consideration of €825m, or €755m excluding excess capital[2]. Founded in... Read more continue reading

Tim Ryan appointed as CEO of Natixis Investment Managers

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Natixis Investment Managers are pleased to share the news that Tim Ryan is appointed member of the Natixis senior management committee in charge of Asset & Wealth Management, and CEO of... Read more continue reading

Shift to managed accounts accelerates

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State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) together with Investment Trends have issued a new report revealing financial planners are allocating more wealth... Read more continue reading

Implemented Portfolios expands teams, prepares for further growth

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Managed Discretionary Account operator, Implemented Portfolios Limited (IPL) has announced several strategic hires as it prepares for further accelerated growth. Adding to its Distribution and Portfolio Management teams, the Australian... Read more continue reading

Morgan Stanley receives Lonsec recommended rating

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Morgan Stanley Investment Management’s Global Quality Fund and Global Sustain Fund have been awarded a recommended rating by investment research consultancy, Lonsec. The investment reports for both the hedged and... Read more continue reading

New Link Group partnership with Retirement Essentials expands advisory offering to get members retirement ready

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A new partnership between Link Group and fintech Retirement Essentials will broaden Link Group’s advisory offering for superannuation clients, by supporting their customers to be retirement ready. The partnership makes... Read more continue reading

RBA on hold and likely to remain easy for a long while yet as full employment gets more of a look in

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Key points The RBA left the cash rate at 0.1% at its April meeting. While the economy is recovering faster than expected the conditions for a rate hike – actual... Read more continue reading

Too much rather than too little remains the least risky pathway for the RBA

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There were no real surprises in RBA Governor Lowe’s Statement issued following the latest RBA Board meeting. While continuing to acknowledge a more positive outlook insofar as growth and employment... Read more continue reading

MLC Asset Management expands dedicated Managed Accounts team

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MLC Asset Management (MLC) has announced two senior appointments within its dedicated Managed Accounts team, as demand for MLC Managed Account Strategies continues to rise. Neil Gellett joins as Head... Read more continue reading

AllianceBernstein launches $1.3 billion fund on Chi-X Australia

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Global asset manager AllianceBernstein (AB) has partnered with Chi-X Australia to make one of its leading funds available to Australian investors via the Chi-X Australia stock exchange. The AB Managed... Read more continue reading