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Meet the Manager: Aaron Binsted of Lazard

In the first of a new series of Meet the Managers profile, Money Management speaks to Lazard Australian equities portfolio manager, Aaron Binsted.

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CBA, CSL, ResMed too expensive, says Maple Brown

Price falls for CSL, ResMed and Macquarie show that following the herd to buy defensive businesses may produce suboptimal returns if you pay too much.

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ASX LIVE: ASX to slip, RBA rate decision pending

Shares are poised to edge lower. Vanessa Hudson to lead Qantas. Woolworths reports 8pc increase in sales. RBA expected to hit pause. Bitcoin retreats. S&P 500 dips. Follow updates here.

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Lazard reduces fees on Aussie equity funds

Lazard Asset Management has reduced the management fee on two of its Australian equity funds for institutional and retail clients.

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ASX LIVE: Block leads tech sector higher; Macquarie downgrades banks

Australian shares are flat; Macquarie downgrades banks; AFIC ups dividend by 10pc; Perpetual completes Pendal acquisition; WAM Leaders lifts dividend. Follow updates here.

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