ASX

Funds management

A pair of State Street Global Adviser funds were the first exchange traded funds to launch on the exchange and Money Management looks at what those investments are worth ...

People & Products

Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....

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....

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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 ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 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 3 days ago

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

2 weeks 6 days ago