K2 Asset Management has undergone a significant restructuring process following a downturn in assets under management which it says will see the firm stay solvent for the...
Fixed income funds during the first quarter of the year offered greater potential for returns than equities, according to data....
Pengana has increased its weighting to healthcare in its High Conviction Equities fund as it is confident in the recovery of spending in the sector....
The world’s recovery from COVID-19 will be “slow and staggered” but China will be an obvious winner as the first country out of the crisis and is trying to reopen and ram...
Troubled property investment firm Mayfair 101 has launched its next strategy, a fixed income property bond investing in a tourist resort in Mission Beach, Queensland. ...
The unusual nature of the COVID-19 pandemic means fund managers are having to review strategies and economic assumptions on a daily basis, rather than six monthly, as his...
There was an 8.9% decline in total wages in the financial services and insurance sector between 28 March and 4 April, one of the highest changes across industry sectors, ...
Australia could ‘grow very strongly’ in 2021 according to Reserve Bank of Australia governor Philip Lowe, but the fallout from COVID-19 will ‘cast a shadow over the econo...
BNP Paribas Securities Services and BlackRock Solutions have announced a strategic alliance to deliver integrated investment management to mutual clients....
Every single Australian-domiciled ‘sustainable’ fund outperformed the ASX 200 over the three months to 31 March, 2020, putting the rest to theory that sustainable does no...
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...