Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
Ex-Macquarie Asia team, Stonehorn Global Partners, has announced it has raised over $300 million in assets under management in its first year and continues to grow its pr...
Active management helped guide the Legg Mason Western Asset Australian Bond A fund during challenging market conditions, which has won the Money Management Fund Manager o...
Brendon Glass will be the new chief financial officer of the financial advice business services firm....
Macquarie Group has posted a net profit after tax of $1.27 billion for the second half of the year, down 13%, due to economic effects of the COVID-19 pandemic....
Lonsec has announced it has partnered with BT Financial Group and its full managed portfolio offering is now available on BT Panorama platform. ...
Both Macquarie Bank and National Australia Bank have made the decision to withdraw their offers of capital notes....
Last year had two double-digit five Crown fund management groups, but were they able to retain that position this year?...
IOOF now leads the way with the most five Crown rated funds with nine, as the two double-digit five Crown funds from last year – IPAC Asset Management and Macquarie – bot...
The exit of the big banks and the consequent net outflows from the big institutional platforms is playing to the strengths of specialist platform providers....
Compensation paid by the six largest banking and financial services institutions for fee-for-no-service and non-compliant advice is at $749.7 million, according to the co...
2019 was a unique case of bonds and riskier equity markets both having a strong year....
A boutique fund manager has been the best performing Australian equity fund during the 2010s....
Macquarie Group Limited has confirmed that German authorities dealing with a 2011 short-selling issue have designated as suspects around 60 of the company’s current and f...
Copia Investment Partners has announced that the Veritum Equity Income Fund has been added to five major investment platforms....
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...