FUNDS MANAGEMENT

Funds management

The Commonwealth Bank has relied heavily on its funds management business to post an 11 per cent increase in its net profit to $2.7 billion today....

Financial planning

Some of the smaller players in the funds management business are recording the most impressive growth in fund inflows, with the latest market share report from Assirt sho...

Financial planning

THE Australian Securities and Investments Commission’s (ASIC) licensing web will snare a growing number of unsuspecting professionals employed outside the realm of financ...

Financial planning

EQUITY Trustees Funds Management (EQTFM) has increased its existing range of funds with the development of three multi-sector funds; income, balanced and growth....

Editorial

Australia’s funds management community is in the midst of a dramatic slump in profits and revenue, the latest annual Investment and Financial Services Association (IFSA) ...

Financial planning

The Bendigo Bank is looking to buy up to 10 per cent of the share in IOOF holdings and will approach shareholders with an cash payment offer of $2.70 per share....

Funds management

Fund managers have thrown their support behind independent research trips with a number set to join a group of planners heading to the US and the UK later this year....

Financial planning

Research house Morningstar today released a Business and Management Strenth (BMS) rating on AXA Australia, scoring the group with a mark of three representing a place in ...

Financial planning

IWL chief executive officer Otto Buttula is unable to deny reports out today that IWL is finalising a deal with share market information system provider IRESS Market Tech...

Financial planning

Australian Unity acting managing director Murray Campbell has confirmed a new group managing director is due to be appointed in the next few days, following on from the a...

Financial planning

AM Group, parent company of AM Corporation, has entered the United Kingdom advisory business through a joint venture between AM Financial and independent UK dealer group,...

Financial planning

Australian Unity acting managing director Murray Campbell has confirmed a new group managing director is due to be appointed in the next few days, following on from the a...

Financial planning

The Assirt research house has downgraded Colonial First State Investment’s Australian equities capabilities and demoted the majority of its Australian equity products ahe...

Funds management

The funds management and banking sectors have been in an acquisition frenzy during the past two years, fulfilling the industry prophecy of rationalisation. FIONA MOORE ta...

Funds management

The Berkley Group will expand its focus beyond financial planning into funds management with the creation of Berkley Group Funds Management and the rollout of its first t...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 3 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago