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| | | Consolidation in the retail market is prompting Australian fund managers to rethink traditional distribution models, with some key players opting to merge their institutional and retail distribution arms. Aberdeen Asset Management was one of the first ... |
| | | | Fund manager and superannuation provider Australian Ethical Investment has appointed former Lonsec distribution manager Steve Newnham executive director, business development. Newnham's appointment to the newly created position reflects Australian Ethical ... |
| | | | IOOF has announced plans to increase the exposure of its Multi Series Balanced Trust to active management while lowering its fees to 0.55% in a spate of upgrades for the trust. Part of the recently launched Pursuit Focus platform, the upgrades to the ... |
| | | | It's a brand new year, yet why does it feel that times are not a-changin'? The problems of 2011 merely just got carried over into 2012. And if you believe those start of the year forecasts, the times could even be a-changin' for the worse - and the ... |
| | | | As 2011 comes to a close, the Financial Standard team would like to thank you for your continued readership and support. We reached several milestones in 2011, namely the launch of the: * New-look Financial Standard newspaper * Financial Standard iPad ... |
| | | | ... institutional investors at a price of A$8.45 per share. Retail shareholders may participate in a non-underwritten share purchase plan (SPP) early in 2012. If the acquisition of BOCAL does not proceed, the proceeds from the equity raising will instead ... |
| | | | Independent advisers are being offered a safety line from wealth advisory group Omniwealth which launched a new dealer group website promoting best of breed services for advisers that want to maintain their independence. The dealer group, which provides ... |
| | | | OneVue will create an intermediated consumer platform for members of the Australian Medical Association, of which there are 26,000 nationwide. OneVue has been selected by Sherlock Consulting, in partnership with the Australian Medical Association (AMA) ... |
| | | | With Australia's biggest super fund, AustralianSuper, announcing yet another merger, this time with the public sector industry fund AGEST, the question is whether super funds are merging for the benefit of their members or to build financial empires. ... |
| | | | The Australian dollar has continued its slide downwards, following a growing sense of forboding around the issue of eurozone government debt. At 0700 AEDT the Australian dollar was trading at 98.95 US cents, down from 100.16 cents on Wednesday. Westpac ... |
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