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InvestorDaily State Super has awarded a global equities manager mandate to global investment manager Neuberger Berman. State Super senior investment manager Andrew Huang led the tender process, reporting Neuberger Berman had presented its newly designed Global Equities Data-Science Integrated (GEDI) flagship strategy. The strategy uses investment insights gained from data science to boost its existing […]

InvestorDaily A former chief and managing director of Suncorp is set to become the new chairman of a real estate securities manager. Resolution Capital has appointed Michael Cameron to the position of non-executive director and independent chair of the board, after his most recent role as Suncorp CEO from 2015 to 2019. Prior to fronting […]

InvestorDaily One of the leading providers of investment research has broadened its push into ESG analysis with a new acquisition. Morningstar has reached an agreement to acquire Sustainalytics. It currently owns a 40 per cent stake in the business, acquired in 2017, and will purchase the remaining 60 per cent upon closing the transaction. “Modern […]

InvestorDaily Three fintechs have joined forces to develop a wealth platform for the Australian market, with a former Citi banker having signed on as its chief. The new platform, Stropro, has been launched with backing from Seed Space, an early-stage venture capitalist. Stropro has leveraged partnerships with anti-money laundering compliance tool provider bronID, registry services […]

Investment Magazine Future Fund investment chief Raphael Arndt said the fund has been steadily building up liquidity in order to snap up bargains from forced sellers of property and infrastructure assets. Speaking at a briefing after the $162 billion sovereign wealth fund posted a negative return for the March quarter, Arndt said the fund had […]

BusinessInsider Swiss banking giant UBS posted a rise of 40% in net profits in the first-quarter of 2020, reflecting in part increased client activity during the nascent stages of the coronavirus pandemic. The bank, known for catering to wealthy clients, reported a net profit of $US1.6 billion in the quarter ended March 2020, up some 40% […]