Macquarie funds down, cash upBY MICHELLE BALTAZAR | FRIDAY, 1 MAY 2009 1:05PMMacquarie Group has posted a 52 per cent fall in full year profits to $871 million with key investment divisions all reporting a fall in revenues due to the global financial crisis - but the silver lining was the growth of its retail financial services arm. |
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Munro completes GSFM acquisition
Munro Partners has completed its acquisition of GSFM Funds Management, consolidating its Australian distribution and funds management operations as it enters a new phase of its partnership with Canadian investment manager CI Global Asset Management (CI GAM).
Perpetual awards OTC reporting mandate
Perpetual Corporate Trust has selected a service provider to provide independent reconciliation and oversight of over-the-counter derivative reporting across funds for which it acts as trustee and responsible entity.
ASIC issues serious and final warning on lead generation
Financial advice licensees risk losing their licence if they fail to adequately oversee lead generation arrangements, the financial regulator has warned.
Drummond hires from Ascalon, HUB24
Drummond Capital Partners has expanded its national team with two senior appointments, following the launch of its tailored investment solutions last year.
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Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.






