Breakfast Deals: Korean Doughnut

Macquarie’s ING buy extends its Asian grasp, while Newcrest suffers the exit of a top shareholder.

After years of steady growth at Macquarie Group's wealth management division, the Silver Doughnut has identified another golden opportunity in Korea. Elsewhere, Newcrest Mining loses the support of one of its largest shareholders, while the competition regulator prepares for a fight over its Virgin Australia-Air New Zealand ruling. And is a bidding war brewing over RHG?

ING Investment Management Korea, Macquarie Group

Macquarie Group is continuing to grow its global asset management business with the purchase of ING's giant Korean funds unit.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles