ANZ 1.04% $29.22 australia and new zealand banking group limited

funds management-not so good

  1. 1,006 Posts.
    ANZ have just reported that their funds management business with IMG is below expectations so far although they are expecting double digit growth.
    This seem to be having an impact on NAB not so sure about WBC & CBA. CBA punished badly already.
    Expect some banking pressure for a while me thinks.
    ANZ have a lot of money invested in this ING joint venture.

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