Good evening,

Fortescue Metals broke its own record on Monday when it handed down a $6.6 billion profit to shareholders thanks to strong iron ore prices and exports.

But that doesn't mean everything is hunky dory in the world of resources. Tonight, we take a look at one fund that's faced an uphill battle generating returns in the natural resources sector.

Investor pressure is mounting and it is understood the fund is about to open a redemption window for disgruntled investors to head to the exit, in advance of an initial three-year lock-up period.

Meanwhile, we've got some more intel on the New York private investment house running the numbers on NAB-owned MLC Wealth. In particular, we reveal which London-based financial services technology specialist it has teamed up with.

Finally, Macquarie-controlled Nuix is readying its first pitch to funds for its IPO and buyout giant TPG has sold out of Inghams Group.

Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors