Citi

State Street confirmed as Perpetual’s new custodian

After a review which took just over a year, State Street has been awarded the challenging asset servicing task of transitioning Perpetual Investment Management’s Australian funds management business. The ultimate prize may be to also take on the bigger asset

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New medical fund draws on hands-on experience

With an experienced engineer at the helm, one with a major in ‘mechatronics’ – a blend of mechanical and electronics engineering – and who has spent all his career in medical devices, Australian Unity’s new ‘Future of Healthcare’ fund is

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Aussie shares to keep rising

The Australian sharemarket produced double-digit returns for investors in the financial year just ended and most of the expert commentary points to further growth in the year ahead. The S&P/ASX 200 Index rose 8.3 per cent in the 2017/18 financial

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Telstra crystal ball cloudy

There was little consensus among equity analysts about the outlook for Telstra, following the company’s Telstra2022 strategy briefing last week. Fair value estimates and price targets were as high as $4.40 and as low as $2.30. Telstra stock closed at

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Telstra may cut its dividend

Telstra Corp’s share price has been under pressure this year and the latest round of analysts’ reports suggests that things are not going to pick up for the big telco any time soon. The company’s dividend is also under pressure,

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The battle for BHP – what an investor needs to know

Hedge fund manager Elliott Management’s ‘value unlock’ plan for BHP is starting to gain momentum, with a growing number of securities analysts and asset managers calling for the resources giant to make a more open and considered response to Elliott’s

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Telstra crystal ball cloudy

There was little consensus among equity analysts about the outlook for Telstra, following the company’s Telstra2022 strategy briefing

More »