Asset managers feeling profit squeezeBY KARREN VERGARA | FRIDAY, 21 JUL 2017 11:53AMProfit margins of asset managers globally contracted for the first time since the Global Financial Crisis, research from the Boston Consulting Group shows, warning fee pressures are continuing to rise across the industry. Related News |
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Super funds race to implement digital advice
|Australian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives at wealth technology Bravura Solutions.
Musk's $106bn fundamental-defying IPO lands on Nasdaq
|SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.
Quinbrook appoints Australian lead
|Energy transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations.
Former ASFA COO joins housing fund manager
|The former chief operating officer of the Association of Superannuation Funds of Australia (ASFA) has joined C1 Capital Group as chief investment and operating officer.
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
