FUNDS MANAGEMENT
People & Products
Hastings Funds Management has promoted Steve Rankine to the position of chief operating officer of its High Yield Fund....
Financial planning
Wholesale fund manager QIC has appointed Cliff Smith to the newly created role of managing director for Institutional Business....
Financial planning
Cross-subsidisation of advice leaves pricing power in the hands of a select few institutions....
Funds management
The funds management industry is preparing itself for the next market cycle, with the current mergers and acquisition activity a sign that some are tweaking their busines...
Financial planning
The Macquarie Group has confirmed that it has shut down its wrap platform in the United Kingdom due to what it described as execution challenges and difficult business co...
Funds management
Some of the community anger directed towards the Commonwealth Bank of Australia (CBA) after its Melbourne Cup day rate hike appears to have trickled down to the funds man...
People & Products
Equity Trustees has strengthened its focus on Western Australia and added resources to New South Wales business development for funds management, with the appointment of ...
Editorial
ANZ reports strong profit but remains low-key on growth in wealth management....
Financial planning
A large proportion of industry super funds have high numbers of relatively small investment mandates, ultimately driving up the cost of investment management for members....
Funds management
The corporate regulator’s moves to tighten the rules for responsible entities of managed investment schemes are positive but don’t address the conflicts of in...
Financial planning
The chief executive of van Eyk Research, Mark Thomas, has explained the remuneration relationships between some of his research houses’ key dealer group clients and...
Financial planning
Challenger has put forward a so-called five-point restructuring plan for its 25-year-old Howard Mortgage Fund....
Financial planning
BT Financial Group outpaced its peers over the 12 months to 30 June, 2010, commanding the lion’s share of growth in both funds under management and new inflows....
Life/Risk
The need for life insurance continues to grow as Australians continue to fall deeper into personal debt – and insurers owned by Australia’s four major banks will take alm...
Editorial
The criticisms increasingly levelled against ratings houses are often unfair and symptomatic of failings in the way their research is interpreted and applied, writes Mike...
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...