Acknowledging the national carrier “read the room wrong” in the past, Pendal’s equities head Crispin Murray believes Qantas is a very strong franchise being undervalued by markets as it works to resolve its issues.

The firm’s new managed fund aims to provide investors with the opportunity for income and superior risk-adjusted returns in the short duration fixed-interest sector.

The fund manager has reached an agreement to acquire Bendigo and Adelaide Bank’s superannuation business, which it believes to be “highly complementary” to its ETF business.

The boutique equity investment manager has announced the launch of a new fund in the small cap space, with high expectations of outperformance ahead.

Emerging markets have announced ambitious net-zero targets in keeping with their global peers, but investment managers observe a balancing act between these commitments and meeting their national development goals.

Citing consistently disappointing engagement by the Pacific Current board since the initial proposal, Regal Partners has stepped back from what it had previously termed a “transformational growth opportunity”.