AMP Capital acquires additional stake in Victorian Desalination PPP Project

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AMP Capital has agreed to acquire an additional 6.8 per cent stake in the Victorian Desalination Project (VDP) from Infrastructure Australia LLP on behalf of investors in its Community Infrastructure... Read more continue reading

Appointments to AMP’s Wealth Solutions leadership team

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AMP has appointed John Keating and Shaune Egan to key leadership roles in its Wealth Solutions and Customer team. Mr Keating, previously AMP’s Head of Platform Products, has commenced as... Read more continue reading

HUB24 announces new CFO

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Leading wealth management provider HUB24 Group (ASX: HUB) has announced the appointment of Mark Goodrick as its new Chief Financial Officer (CFO). Mr Goodrick brings over 15 years of experience... Read more continue reading

Acorn Capital raises over $52m for Venture Capital fund

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Fund manager Acorn Capital announces its successful raising of $52.5 million in commitments for the Acorn Capital Expansion Platform (ACEP). ACEP, which will undertake venture capital investments in innovative, emerging... Read more continue reading

Nanuk’s sustainability fund now on mFund platform

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Access to the sustainably themed global equities fund, Nanuk New World Fund, is now possible via the ASX mFund platform. “Funds flow has started via mFunds and we are pleased... Read more continue reading

Credit Quarterly Outlook Q4 2018 – Crowding out credit

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The US economy is growing above its potential. Job openings are now exceeding the number of unemployed workers. In this environment it is no surprise that the Fed is continuing... Read more continue reading

Wealth industry unprepared for liability shift in new ‘Seller Beware’ rules

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New rules likely to soon pass Australia’s parliament will make financial advisers and product issuers directly liable for ensuring financial products are only sold to suitable customers — shifting responsibility from... Read more continue reading

US midterms may breed a lame duck

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With our overall asset class views still favouring growth assets driven by positive views in particular for US equities, the US midterms on November 6th have the potential to upset... Read more continue reading

Low inflation prevails

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Consumer price index Inflation: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.4 per cent in the September quarter, broadly in line with expectations.... Read more continue reading

AMP updates position on capital and costs following portfolio review

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AMP Limited has provided the following update to its announcement of 3Q18 cashflows and the sale of its wealth protection and mature businesses on 25 October 2018. The Board has... Read more continue reading