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ASIC casts doubt over DollarmitesBY ELIZABETH MCARTHUR | TUESDAY, 1 OCT 2019 11:21AM
The Commonwealth Bank's lucrative but controversial Dollarmites program could get the axe, with ASIC seeking the public's view of school banking programs as part of its ongoing review of their use and impact in primary schools.
Read more: ASIC, Dollarmites, CBA, Choice, Commonwealth Bank, Australians, InfoChoice, Youth Saver, Jonathan Brown, Sean Hughes, Financial Standard
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty.
Aussie equities fund managers steadily improved in performance relative to benchmark from January to March, according to an updated SPIVA Australia Scorecard from S&P.
In the pre-pandemic world, there was a lot of talk around passive investment but now that the markets have taken investors on a rollercoaster ride, are the active managers leaving or just biding their time?
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