POWERED BY MOMENTUM MEDIA
AUSTRALIAN SECURITIES EXCHANGE
Financial planning
Praemium has posted a 43% jump in its funds under advice in its half yearly earnings results while reporting a net loss after tax of $2.6 million....
Features
After years under the regulatory radar, Laura Dew writes, cryptocurrency has finally hit the mainstream with a succession of announcements aimed at making retail access e...
Financial planning
The Federal Court will ultimately decide how much OneVue retrieves from this week’s sale of the Sargon operating business, while the company maintains it is still on trac...
Funds management
There has been a sharp divergence in the fortunes of the four major construction firms with two seeing positive returns and two losing more than 40%. ...
Financial planning
Yellow Brick Road has completed the sale of its wealth business to Sequoia for just over $1.9 million....
Funds management
ETF trading volumes continued to grow in March, hitting an all-time high of $18 billion in turnover, according to BetaShares. ...
Financial planning
Financial services software firm, Iress has decided to withdraw its FY20 guidance due to ‘the broader uncertainty surrounding COVID-19’. ...
Funds management
First it was industry superannuation funds announcing downward revaluations of their unlisted assets, now major property funds started announcing similar processes....
Funds management
The firm is reviewing staffing levels, senior management salaries, and directors’ fees as a result of the COVID-19 pandemic....
Superannuation
The decision by the owners of research and ratings house Zenith to call off their bid for Chant West has resulted in the initiation of court action....
Financial planning
Despite the current market uncertainty, OneVue has confirmed its continuing expectation that it will complete the transaction for the sale of Madison Financial Group in A...
Financial planning
AMP has withdrawn its outlook due to challenges in providing accurate forecasts for this year stemmed from COVID-19 but remained on track to complete 80% of its client re...
Funds management
There have been mixed results for major listed financial groups in terms of volatility caused by COVID-19 with banks suffering least while firms such as OneVue and Challe...
Funds management
Travel firms Flight Centre Travel Group and HelloWorld Travel have both announced changes to its business models in light of the updated travel restrictions....
Funds management
Investment and funds management group, 360 Capital Group, has cancelled all investor briefings scheduled for March and April. ...
MARKET INSIGHTS
Never miss the latest news and developments in wealth management industry
Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...