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Australia’s NEG not dead as Labor opposition revives policy

Opposition leader Bill Shorten has promised to pursue a ‘bipartisan market mechanism’ such as the National Energy Guarantee if his party wins power in 2019.

From hero to zero: The Hastings Funds Management story

'How can you have a $7bn business where performance has been very strong over 20 years, then have to shut the thing down?' asked one former director. We take a look at how it got to this point and the lessons learnt.

Australia rejects CKI’s APA takeover bid

Treasurer Josh Frydenberg confirmed his ‘final decision’ that the takeover would be ‘contrary to the national interest’.

Asian infra investors fuel AMP Capital’s AUM growth

The region has become a cornerstone of the firm’s infrastructure strategies, contributing to its $3.2bn jump in assets under management over the past three years.

Blue Sky appoints former Hastings boss as chairman

Andrew Day, who led Hastings Funds Management for six years, will step into the role later this month.

Letting them down gently

Australia deciding to block a Chinese purchase of a national asset is not new – but its decision to block CK Infrastructure’s bid for APA Group feels different.

Australia set to block China’s CK Infra from APA Group takeover

Treasurer Josh Frydenberg said the move should not be seen as an ‘adverse reflection’ on CK Group and that Australia still welcomes foreign investment that is not ‘contrary to our national interest’.

AMP Capital increases stake in Victorian desalination PPP

The Australian funds manager ups its total share in the project to 16.5 percent in a deal worth approximately $72m.

MUTB buys Colonial First State Global Asset Management for $2.9bn

Commonwealth Bank of Australia is selling the asset manager in a separate transaction from the planned demerger of its wealth management businesses.

Greater scrutiny of foreign ownership is here to stay

While stricter regulations surrounding foreign investment in infrastructure have coincided with a rise in populism around the world, we find the root causes lie elsewhere.

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