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Investment

FUM market slides back to $1.4tr

BY ALEX DUNNIN | TUESDAY, 13 SEP 2011 11:40AM

Funds under management overseen by investment managers slid back 1.7% during the June quarter to come to rest at $1.411 trillion, the first negative growth quarter since the same time last year.

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Editor's Choice

Former chief financial officer at Rest returns in new role

VINNY VUCAGO | 11:16AM

Rest is welcoming back it's former chief financial officer as its inaugural chief commercial officer.

Macquarie chair provides 'cautious' outlook at AGM

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Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI | 12:36PM

Generation Development Group has reported strong growth to the year ending June 30.

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The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.

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