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Aussie Fund Managers feel the heat as outflows mount

In the latest quarterly data for FY22, both Perpetual and Pendal Group recorded fund outflows of $4.0 billion, Magellan lost $5.2 billion and US$11.9 billion exited Janus Henderson. GQG Partners was the one shining light, recording inflows of US$2.8 billion.

Lachlan Buur-Jensen | 3rd Aug 2022 | More
Is this the most interesting company in the world?

It’s a big call, but Reliance Industries (BSE:500325) may well be the most interesting company in the world. The Indian conglomerate, founded by Dhirubhai Ambani in 1997 and now controlled by his son Mukesh Ambani, became the first Indian company to exceed US$200 billion ($256.4 billion) in market capitalisation in 2020. In recent months, the…

Drew Meredith | 3rd Mar 2021 | More
ASX market update; fifth straight month for the ASX

Weak open ahead, Fifth straight month for the ASX, IOOF loads up

Drew Meredith | 31st Aug 2020 | More