Lonsec advice pays off: MercerBY MICHAEL HOBBS | FRIDAY, 25 JAN 2008 1:05PMA series of Mercer multi-manager funds have been upgraded from 'recommended' to 'highly recommended' by Lonsec after the Mercer team went back to the drawing board to adopt some of the researcher's feedback.
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Adviser numbers plateau
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share.
Praemium loses $700m due to adviser transitions
Praemium reported total net outfows from its Powerwrap scheme has reached $700 million over the past three quarters.
Small cap investors told to 'stop whinging'
Forager's chief investment officer has read the riot act to investors.
Adam Blumenthal ordered to pay $850k
Blumenthal is also banned from managing corporations for five years.
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