FUNDS MANAGEMENT

INDUSTRY NEWS

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...

INDUSTRY NEWS

Ausbil has appointed a head of global institutional distribution from Magellan, one of two distribution appointments....

INDUSTRY NEWS

In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August. ...

INDUSTRY NEWS

Global asset manager Janus Henderson has launched an emerging markets equity fund for Australian investors. ...

INDUSTRY NEWS

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...

INDUSTRY NEWS

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....

INDUSTRY NEWS

RBA governor, Philip Lowe, has made his final rate decision ahead of stepping down from the role later this month. ...

INDUSTRY NEWS

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...

INDUSTRY NEWS

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. ...

INDUSTRY NEWS

Abrdn has changed the allocation ranges of its multi-asset funds, allowing it to invest up to half the fund in international equities. ...

INDUSTRY NEWS

Spire Capital and Oaktree Capital Management have developed a fund for wholesale investors to access credit and special situation investments....

INDUSTRY NEWS

The corporate regulator has commenced civil penalty proceedings against Westpac for failing to respond to 229 customer hardship notices within the required time limit....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 5 days ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 6 days ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

2 weeks 5 days ago