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MLC Investments is to terminate a number of funds within its MasterKey Unit early next year following on from the funds being closed to new business on August 20....
INDUSTRY NEWS
Perpetual Trustees Australia will end its exclusive arrangement with US-based Fidelity Investments to distribute the latter’s international equity funds in Australia afte...
INDUSTRY NEWS
Corporate credit and equity risk rating agency Rapid Ratings has won a lucrative contract to provide global investment bank Lehman Brothers with independent equity resear...
INDUSTRY NEWS
Perpetual Trustees Australia has hinted its funds management arm, Perpetual Investments, may consider developing an in-house international equities division by building i...
INDUSTRY NEWS
Sydney-based specialist investment firm Next Financial has hired two regional distribution executives to take the group's Australian equity, debt and derivative offerings...
INDUSTRY NEWS
Superannuation has re-emerged as a Federal Election issue with the Coalition poking holes in Labor’s tax policy and the Opposition lashing out at Government plans to forc...
INDUSTRY NEWS
The challenges facing superannuation funds under the choice of fund regime are merely part of the ongoing tests the industry has been facing over the past decade through ...
INDUSTRY NEWS
MLC has extended its range of adviser support offerings to external planners for the first time following the group rolling out its previously internally offered services...
INDUSTRY NEWS
Perennial Investment Partners has had its international equities funds placed “on hold” by Assirt Research following news of the impending departure of portfolio manager ...
INDUSTRY NEWS
Tower Limited is to merge it’s two New Zealand businesses in a reverse move to last week’s proposal to split its Australian operations through a plan to separately list i...
INDUSTRY NEWS
The former director of a Queensland-based early release superannuation scheme has appeared in the Brisbane Magistrates Court on 21 charges of fraud brought by an Australi...
INDUSTRY NEWS
Australian Financial Services licencees have been granted relief from some restrictive constraints under Corporations Law relating to the treatment of cash common funds....
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