Macquarie Bank

There is growing concern about the relevance of broad market indices, especially due to their poor reflection of China’s growth. The main concern should probably be managers who hug them. Whether or not it’s the index producers to blame, or managers who are not as active as they claim, an interesting angle on what is…

Warakirri Asset Management has cemented its position as the second-largest fund manager in Australian agriculture with the launch of a second fund in the buy/lease sector. The Warakirri Farmland Fund, launched last week (April 12), has been seeded by a European pension fund. It differentiates itself from the Warakirri Diversified Agriculture Fund (DAF) by being…

Once upon a time, in the 1980s, Australia was a world leader in the provision of systems to allow the development of master trusts and better efficiencies for advisers. Then the banks took over. Now, according to Wealth02 director Darren Pettiona, the US is “way ahead of Australia in fintech”. But that is about to…

Vaccine trial restart boosts markets, ASX strength to continue, COVID-19 impacting Macquarie Group A positive lead from Wall Street and news that AstraZeneca plc (NYSE:AZN) had resumed their vaccine trial sent the ASX 200 (ASX:XJO) 0.7% higher on Monday. Positive news on the vaccine front support the energy and industrial sectors amid hope of a…

The hybrid securities market felt the brunt of the COVID-19 crisis in March, when two issues were withdrawn and another issuer deferred redemptions. But last week Macquarie Bank relaunched its hybrid offer, offering a substantially higher margin than the rate on offer a few months ago. Macquarie Bank Capital Notes 2 was originally launched on…