BEAR regime must extend entire industry: MedcraftBY JAMIE WILLIAMSON | WEDNESDAY, 13 SEP 2017 12:03PM
The conduct and culture within Australia's big banks is a major problem and the Government's proposed executive accountability regime is a step in the right direction - though it may not go far enough, ASIC chairman Greg Medcraft said.
Read more: ASIC, Greg Medcraft, APRA, AUSTRAC, Commonwealth Bank, Thomson Reuters Newsmaker
Long term Bond Investors Shouldn't Fear Rate Rises
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At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation.
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Australia's largest superannuation fund appointed a $109 billion fund manager to advise on investment opportunities in the European office and retail sectors.
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Despite the market volatility and challenges 2018 has thrown at advisers, this is a good time to cut through the short-term noise and reflect on opportunities that'll pay off in the long run, according leading fund managers.
The performance of Pengana Capital Group, which was created following the Hunter Hall merger last year, drove Washington H. Soul Pattinson's 1H18 portfolio up 43.3%.
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