AMP Capital has expanded its investment in the University of Melbourne, acquiring the student accommodation concession for its latest campus.

ANZ Private has awarded a $3.5 billion mandate for multi-asset tactical asset allocation advisory.

Magellan has the stronghold on 10-year returns but a small Sydney boutique has quietly taken the lead on one-year basis with 31% returns to October end, in the latest Morningstar institutional survey.

ASIC will meet with key players in the active ETF space this afternoon and is expected to release the findings of its review of the sector as early as this evening.