Why active managers are being courted by the trillion-dollar club
The dark clouds that have hung over the active management industry are starting to lift – but only for some, not others.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
The dark clouds that have hung over the active management industry are starting to lift – but only for some, not others.
InfraBuild, Sanjeev Gupta’s last remaining Australian business, remains under GFG Alliance control as a dispute with Greensill administrators ends.
Seeing internet culture explained, patiently, to the venerable court with paper printouts was a joy. Plus: the musical lawyers battle of the bands.
The CEO collected $6.7 million, while the former chairman took home $1.8 million, despite both resigning early over the firm’s handling of a data misuse scandal.
The son of financier Maurice Newman has swapped Tokyo boardrooms for One Nation politics, while his Japanese wife adapts to a new country with a newborn.
The first independent report into the big four firm’s conduct is sceptical about promises of change. Plus: the fastest consultant over 5km comes from PwC.
Dodgy explorers scammed $C6 billion out of investors by claiming to have found the world’s biggest gold deposit. But they couldn’t fool Roger Townend.
For the entire 5-kilometre length of the protest, the crowd had been good-natured. The trouble started at the march’s end, but it was nothing compared with last time.
The NSW Supreme Court overruled Nicola Iacovazzi’s detailed estate plan to prevent his chronically ill son from having to rely on government support.