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Funds management
Australian assets flowing into global equity strategies reached $1.6 trillion in the first half of the year as funds in this sector return more than 20% year to date....
Policy & Regulation
The Government’s resources would be better put to use exploring the regulatory impact on consumers and funds from continuous tinkering to the system rather than on capita...
Policy & Regulation
A parliamentary inquiry will be looking into the implications of capital concentration and common ownership from banks, superannuation funds, investments funds, and hedge...
Financial planning
Funds under administration on the HUB24 platform grew 141% to $41.4 billion in the last financial year as the firm saw 48% growth in adviser users. ...
Financial planning
Praemium has reported quarterly inflows to amount to $1.2 billion while total funds under administration achieved record $41.7 billion. ...
Funds management
While Wilson Asset Management is seeking mispricing opportunities in the listed investment company space, this does not necessarily mean those selected are underperformin...
Funds management
Technology stocks had a “rocky month” in May, with the S&P ASX 200 Information Technology sector losing 10%. ...
Superannuation
Kohlberg Kravis Roberts and Co has put in an offer to buy Link’s 44.18% share of PEXA while the firm still explores the possibility of an IPO. ...
People & Products
The Australian Securities Exchange has announced that after 23 years of service, its deputy chief executive, Peter Hiom, has resigned....
Superannuation
SS&C’s strategy to move further into the Australian administration market is remaining on track thanks to an improved bid to acquire Mainstream. ...
Funds management
While oil prices are up 30%, the returns for Australian oil producers have been muted since the start of the year as the impact of the COVID-19 pandemic has reduced deman...
Policy & Regulation
It will pay a penalty of $126,000 after it was deemed to have entered a market transaction that was not in accordance with the client’s instructions....
Funds management
Mining and banks will become a smaller component of the Australian Securities Exchange and there will be more fintech businesses instead, Tribeca believes....
Financial planning
Countplus has further leveraged its Owner/Driver strategy to deliver increased scale via the merger of two of its member accounting firms....
Financial planning
Fewer provisions and the success of new strategies has seen Westpac post a solid first half....
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Podcast
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...