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Funds management
The industry funds-owned IFM Investors is suggesting that the Liberal-dominated House of Representatives Standing Committee on Economics is unreasonably singling it out f...
Funds management
The firm’s profit hit was notably due to credit and other impairment charges of $447 million as a result of the COVID-19 pandemic....
Financial planning
Warren Acworth has been charged with offenses relating to false or misleading statements and fraud after an investigation by the corporate regulator....
Funds management
The top-performing fund when comparing the smallest and largest active global equity funds was a $1.2 million sized fund returning 44.35% since the start of 2020, accordi...
Funds management
Macquarie Group has ranked as the largest asset manager in Australia with US$412 billion ($583 billion), significantly greater than its nearest rival....
People & Products
Melanie McQuire has been appointed as chief operating officer, responsible for the operating, technology strategy and platform of the business....
Funds management
Two small/mid-cap Australian equity funds have been given the highest rating every six months for the last three years, according to the latest FE fundinfo Crown Ratings ...
Funds management
Upgrade from three 5 Crown funds to nine funds for the asset manager in the latest FE fundinfo Crown Ratings rebalance....
Funds management
In one of the first full-market assessments since the start of the COVID-19 pandemic, the latest FE fundinfo Crown Ratings rebalance has revealed a picture of outcomes dr...
Financial planning
Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
Funds management
Ex-Macquarie Asia team, Stonehorn Global Partners, has announced it has raised over $300 million in assets under management in its first year and continues to grow its pr...
Awards
Active management helped guide the Legg Mason Western Asset Australian Bond A fund during challenging market conditions, which has won the Money Management Fund Manager o...
Brendon Glass will be the new chief financial officer of the financial advice business services firm....
Funds management
Macquarie Group has posted a net profit after tax of $1.27 billion for the second half of the year, down 13%, due to economic effects of the COVID-19 pandemic....
Funds management
Lonsec has announced it has partnered with BT Financial Group and its full managed portfolio offering is now available on BT Panorama platform. ...
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...