ASIC has taken aim at distributors of over-the-counter derivatives after a review found improvements are needed in how they meet design and distribution obligations, havi...
Ausbil has appointed a head of global institutional distribution from Magellan, one of two distribution appointments....
In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August. ...
Global asset manager Janus Henderson has launched an emerging markets equity fund for Australian investors. ...
WTW has expanded its Australian investments business with the acquisition of the management rights to two funds from NSW-based advice business, Profile Financial Services...
IMAP’s census of managed account FUM has risen by 9.8 per cent to $161.9 billion in the first six months of 2023....
RBA governor, Philip Lowe, has made his final rate decision ahead of stepping down from the role later this month. ...
The former ASIC chair has penned an open letter to the Treasurer and Assistant Treasurer asking for their support following a Senate appearance that detailed work, health...
The global asset manager has extended its financial services licence to include retail investors, representing the next stage of its expansion in the Australian market. ...
Abrdn has changed the allocation ranges of its multi-asset funds, allowing it to invest up to half the fund in international equities. ...
Spire Capital and Oaktree Capital Management have developed a fund for wholesale investors to access credit and special situation investments....
The corporate regulator has commenced civil penalty proceedings against Westpac for failing to respond to 229 customer hardship notices within the required time limit....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...