MM Funds Management
  12 July, 2021
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Money Management Research
Triple-digit gains for HUB24
HUB24 may have been criticised for its low level of female board representation this month, but this hasn’t stopped its share price rising by over 100% over the past year.
Industry News
Which sectors led FY20/21?
As we head into a new financial year, two sectors stood out against the rest when it came to annual sector performance last year but they could slow down going forward, according to Wealth Within.
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Industry News
Acquisitions see Centuria Capital upgraded to ASX 200
Multiple acquisitions have seen real estate fund manager Centuria Capital Group upgraded to the ASX 200 as it returns 72% over one year.
Money Management Original
Rotation from ‘reopening’ to ‘inflation winners’
The trend towards the ‘re-opening’ theme is coming to an end, according to Munro Partners, as its holdings which sat outside of the theme performed better than expected.
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Industry News
Consumer spending boom still has further to run
There is still a way to go for consumer spending with a ‘boom of historic proportions’ expected in the next few months, according to Yarra Capital Management.
Money Management Original
Magellan sees 62% performance fee drop
Performance fees at Magellan Financial Group have more than halved in the 2020/21 financial year after the firm experienced fund underperformance.
Industry News
AMP to sell AMP Capital GEFI to Macquarie for $185m
As part of its demerger strategy with AMP Limited, AMP Capital’s global equities and fixed income business will be sold to focus on private markets across real estate, infrastructure, and associated adjacencies.
Money Management Original
Female board representation drops at big four banks
Three of Australia’s largest banks have fallen back in their female board representation with one dropping below the 30% target.
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