ASX

Funds management

Magellan Financial Group has reported $41 million of net inflows in December....

Funds management

Ophir Asset Management has listed its $440 million high conviction fund on the Australian Securities Exchange as a listed investment fund....

Financial planning

Centrepoint Alliance has signalled a strong move away from product development and towards advice servicing, ending its investment in NEOS Life....

Superannuation

Self-managed superannuation fund trustees plan to take their investments offshore should Labor’s franking credit removal proposal take off. ...

Funds management

Bentham Asset Management has added its fourth fund to the Australian Securities Exchange mFund Settlement Service....

People & Products

Challenger has looked internally naming Angela Murphy as the executive to replace Richard Howes as he steps up to the chief executive role next year....

Funds management

Fidante Partners has announced the launch of ActiveX, a series of actively-managed exchange traded funds....

Funds management

Global technology sectors could continue delivering healthy returns to investors for the next decade, according to Nasdaq....

Funds management

Australian investment manager, IPO Wealth has passed the $75 million mark in capital raised for its IPO Wealth Fund....

Life/Risk

Freedom Insurance Group has declared it will not be recommencing sales of life products as it deals with commissions-related liquidity issues and the reality of a client ...

People & Products

Perpetual has announced changes to its leadership on the back of an internal promotion and the creation of a Chief Risk Officer role....

Funds management

Wilson Asset Management has confirmed its intention to execute its management proposal to the Blue Sky Alternative Access Fund Limited....

Funds management

The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....

Policy & Regulation

AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....

Policy & Regulation

UBS Securities has been slapped with a $120,000 penalty by the regulator’s Markets Disciplinary Panel after it had reasonable grounds to believe that UBS contravened mark...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

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...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 11 hours ago