AUSTRALIAN FOUNDATION INVESTMENT COMPANY

Funds management

Australian Foundation Investment Company has reduced the number of its total holdings from 85 to 71, selling out of Perpetual and AMP due to ‘sustainable competitive adva...

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Awards

An investment approach which takes into account a business as a whole has seen the Australian Foundation Investment Company to be named the top listed investment companie...

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Funds management

Australian Foundation Investment Company has reported a 62.5 per cent growth in net profit to $250.3 million from the previous corresponding period....

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Funds management

LIC Australian Foundation Investment Company has reported a drop in profits from 2015 to 2016, but its return outperformed the index over 10 years. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 2 weeks ago

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

6 months 2 weeks 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. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 19 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago