ABN Amro yesterday completed taking a 50 per cent stake in alternative investment firm Absolute Capital four months after the two groups entered into exclusive talks to f...
Investor Group is continuing its acquisitive expansion push after agreeing in principle to buy specialist financial planning firm Investor Care in a move that adds to the...
Challenger Financial Services Group (CFSG) today announced its takeover of dealer group Associated Planners Financial Services (APFS) for $100 million in a deal that will...
Attempts by the Investment and Financial Services Association (IFSA) and the Association of Superannuation Funds Australia (ASFA) to agree on a single fee measure for sup...
Lonsdale Financial (Lonsdale) has appointed its first chief executive and operating officers with general manager Mario Modica set to head-up the Melbourne-based group an...
Merrill Lynch Australia is steadily bolstering its ranks with the appointment of 20 new staff across its various businesses in light of improving equity markets and a mor...
Skandia has become the first customer in Australia to sign-up to Morningstar’s Portfolio X-Ray tool - an instrument that details fund aggregate portfolio asset allocation...
Listed investment companies (LICs) dominated capital raising activity on the Australian Stock Exchange (ASX) in the March 2004 quarter, with five LICs raising a total of ...
Boutique property fund manager MacarthurCook Investment Managers has been given an encouraging assessment by Assirt, but the research house raises concerns over the risk...
Pengana Capital has revealed it will grant investors in its recently flagged new listed investment company - Pengana Managers - equity in the underlying investment manage...
After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....
A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...
WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...