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INDUSTRY NEWS
WTW has expanded its Australian investments business with the acquisition of the management rights to two funds from NSW-based advice business, Profile Financial Services...
INDUSTRY NEWS
IMAP’s census of managed account FUM has risen by 9.8 per cent to $161.9 billion in the first six months of 2023....
INDUSTRY NEWS
RBA governor, Philip Lowe, has made his final rate decision ahead of stepping down from the role later this month. ...
INDUSTRY NEWS
The former ASIC chair has penned an open letter to the Treasurer and Assistant Treasurer asking for their support following a Senate appearance that detailed work, health...
INDUSTRY NEWS
The global asset manager has extended its financial services licence to include retail investors, representing the next stage of its expansion in the Australian market. ...
INDUSTRY NEWS
Abrdn has changed the allocation ranges of its multi-asset funds, allowing it to invest up to half the fund in international equities. ...
INDUSTRY NEWS
Spire Capital and Oaktree Capital Management have developed a fund for wholesale investors to access credit and special situation investments....
INDUSTRY NEWS
The corporate regulator has commenced civil penalty proceedings against Westpac for failing to respond to 229 customer hardship notices within the required time limit....
INDUSTRY NEWS
The regulator has made an interim stop order on a registered managed fund promoted by K2 Asset Management due to deficiencies in the target market determination....
INDUSTRY NEWS
Melbourne-based Spatium Capital has seen its Small Companies fund outperform the benchmark in 16 of 20 quarters, its five-year performance figures have revealed. ...
INDUSTRY NEWS
While some fund managers overstate their ESG credentials and others remove their sustainable outcomes entirely, it is transparent communication that will be critical to a...
INDUSTRY NEWS
The global investment manager has added three new options to its range of sustainable managed portfolios as the adviser demand for sustainable investment products grows....
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