UBS Global Asset Management has picked up a key mandate from AMP for its Australian equity small companies fund.
The mandate is valued at over $200 million and has been described by UBS Global Asset Management head Ben Heap as marking a significant positive step for the Australian Small Companies team.
The mandate will see the UBS fund form part of AMP’s Flexible Life Solutions platform.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
All merger proposals will have to be approved by the consumer watchdog under the sweeping merger reforms announced by the government on Wednesday.
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