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INDUSTRY NEWS
Magellan has seen its statutory net profit after tax rise by almost a third in FY24, as it announces a minority stake acquisition in a $22 billion investment manager. ...
INDUSTRY NEWS
Global fund managers are the most overweight to bonds since December 2023 as investors make a defensive rotation in their portfolios, according to Bank of America....
INDUSTRY NEWS
Schroders has begun rotating into those fixed income sectors that have lagged such as US government bonds....
INDUSTRY NEWS
Iress has partnered with Ediphy, a specialist in fixed income markets, providing its users with access to additional fixed income liquidity sources across the globe. ...
INDUSTRY NEWS
Two US-based investment managers – State Street and Russell Investments – have bolstered their respective teams with senior appointments in global head positions....
INDUSTRY NEWS
Pacific Current Group has entered into an agreement to sell a portion of its stake in global private credit manager, Victory Park Capital Advisors, to US asset manager Ja...
INDUSTRY NEWS
Vanguard demystifies the key differences between ETFs and LICs, ranging from market exposure to the payment of dividends and fee deviations....
INDUSTRY NEWS
The trading platform has uncovered the top 10 most traded ETF products by its users in FY24, with Vanguard unsurprisingly dominating the top three positions....
INDUSTRY NEWS
BlackRock has promoted Tomoko Ueda as its new chief operating officer for Asia Pacific....
INDUSTRY NEWS
Monthly net flows into ETFs have surpassed $3 billion for the first time in July, as investors utilise the new financial year as an opportunity to enhance their portfoli...
INDUSTRY NEWS
Fund manager PM Capital has expanded its intermediary distribution team in regional Australia with an appointment from State Street Global Advisors....
INDUSTRY NEWS
US fund manager T. Rowe Price says it is committed to Australia despite closing its Australian equities strategy with a focus on global equity funds for the intermediary ...
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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...