The NSW Supreme Court on Thursday ruled Perpetual would be on the hook for more than just a $23 million break fee should it abandon its bid to takeover rival fund manager Pendal Group, likely scuttling recent advances by a Regal Partners-led consortium for Perpetual itself.
The collapse of the fifth largest cryptocurrency exchange, joining a growing list of crypto casualties this year, has raised serious doubts about the asset class. Observers say more rigorous oversight is coming.
7investing lead adviser Anirban Mahanti says companies have been thwarting cyber threats for a long time. However, as data moves to the cloud, systems have failed to keep up.
The pendulum may have swung back towards active management this year, but the domestic ETF market is flush with options and continues to steal FUM.
Moving to a sustainable investment portfolio can reduce an individual’s carbon emissions by 90 per cent, research from Stockspot has shown.
Powerful forces are spooking global economies and pushing investors into safe haven assets like US dollars and US treasuries, and in turn flattening the relative value of our domestic currency.
One part of the market that is benefitting from inflation and interest rate increases is private debt; senior secured loans, in particular, have returned 4.8 per cent over the past two years.
Companies that win the advocacy of their clients have a remarkable ability to increase their own value according to research from the people who invented net promoter scores.
Our record US$350 trillion global debt – the equivalent of 3.5x global GDP – has “tentacles across the world”, says Simplicity author Danielle Ecuyer. Tightening financial conditions further will have significant consequences.
Three of the top four performing companies in the S&P/ASX 100 over the past year operate thermal coal mines, which points to remarkable structural imbalance in the market.
