Westscheme is intensely scrutinising the fates of the mandates within its $630 million Aussie equities portfolio, which is currently divided between Barclays Global Investors ($380 million) and BlackRock ($250 million), after the two firms announced their merger last month.
Read more »The Financial Planning Association's (FPA) Ask an Expert online advice service will be available until the end of this month.
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The Australian share market fell more than one per cent in morning trade, following losses in Wall Street on poor jobs data.
Read more »The Association of Financial Advisers (AFA) is again calling for Treasury to restrict the term 'financial adviser' amid a barrage of negative media reports on the planning industry.
Read more »First Super, the $1.5 billion industry super fund for the furniture, pulp, paper and timber industries, has entered a consortium with South Australia-based Penola Pulp Mill and the management of Timbercorp Forestry to discuss the acquisition of Timbercorp's forestry assets.
Read more »Countplus has bought a 25 per cent stake in St Leonards-based MBT Accounting Services - marking the first purchase of a Sydney-based firm.
Read more »The Royal Bank of Scotland has appointed a new head of equity capital markets (Australia) and named three new members to its Australian equities team.
Read more »Hedge fund investors are developing new fee structures around long-term performance - putting in place a "refund" clause if the hedge manager underperforms.
Read more »Super funds could do more than rely on their custodians to manage their investment data, with one tech firm highlighting the benefits of taking the job in-house, ahead of APRA's more extensive data collection later this year.
Read more »Lonsec awarded three Ashton Advisers-Paulson & Co funds a 'recommended' rating.
Read more »Rising levels of alternative assets has exacerbated concerns over valuation policies for unlisted assets, according to APRA's latest Insight report.
Read more »Stop! Take a deep breath. Now count to ten. There is no need to hit the SELL button.
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