IFM Investors reports $114m in FY19 profitsBY KANIKA SOOD | MONDAY, 29 JUL 2019 4:50PMIFM Investors wants to invest in its business and seek out more opportunities in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. Related News |
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Colchester launches first two ETFs in Australia
|Colchester Global Investors has handed a mandate to Equity Trustees for two new ETFs, making it's first offerings in Australia.
Local advice sector an attractive opportunity for global PE firms
|Local experts are observing a growing investment opportunity in Australian advice platforms that may not be as apparent for global investors, but since the sector is currently at its "infancy", many can capitalise on buying low and selling high.
FSC calls for tougher oversight of advice licensees
|The Financial Services Council (FSC) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures.
State Street launches first active ETFs in Australia
|State Street Investment Management has launched two actively managed exchange-traded funds (ETFs) in an extension of its partnership with Blackstone Credit and Insurance.
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Hugh Killen
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AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
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