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Investors get more from Westpoint settlementBY ASIC RELEASE | WEDNESDAY, 19 MAY 2010 12:10PM
Investors affected by the Westpoint collapse have scored another win after ASIC reached an agreement to settle its actions against Glenhurst Corporation and its insurer, QBE Insurance (Australia), for $2.5 million.
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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