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Profit boost for CBA, ups remediation billBY KARREN VERGARA | WEDNESDAY, 11 AUG 2021 12:22PM
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line.Read more: Commonwealth Bank, Colonial First State Investments, CommInsure, Commonwealth Financial Planning, Financial Wisdom, Matt Comyn, Peter Gardner, Plato Investment Management
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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