Pendal Group

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.

In a world of new asset classes, automation and sustainable earnings, there’s no better way to diversify than through exchange-traded funds. ETFs come in different shapes and sizes, including shares or bonds, domestic or international, small-cap or large-cap, hedged or unhedged.  ETFs are growing in popularity. According to Betashares, the Australian-listed ETF market hit $102.9…

AustralianSuper chief investment officer and deputy chief executive, Mark Delaney, says bonds provide a diversification benefit but not as much as in the past because now yields are so low. Speaking at a Bloomberg investment webinar last week, Delaney said: “We will be looking for other sources of diversification. Those might include unlisted assets, currency…