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| | | ... additional appointments to certain investment committees and changes to our risk management and portfolio construction process to limit single-stock concentration risk. "We believe the firm learned valuable lessons from this episode, and we expect investors ... |
| | | | Home equity release solutions may address the "asset-rich but cash-poor" issue transpiring across older generations who cannot get access to financial advice, Homesafe Wealth says. According to Homesafe the shrinking adviser numbers are contributing ... |
| | | | Praemium has lost $827 million in gross outflows mostly related to financial advisers from OneVue exiting after it finalised the acquisition of the platform last December. The group reported a total of $70.5 billion in funds under administration (FUA) ... |
| | | | Winnie Ramos, Oaktree Capital Management's local head of institutional sales, has joined Ares Management. A senior vice president at Oaktree, Ramos will serve as managing director and head of relationship management for Australia and New Zealand ... |
| | | | Kapstream Capital, the subsidiary of Janus Henderson Investors, will launch a listed investment trust on the ASX to meet growing demand for income products. Kapstream Investment Trust (KIT) is expected to be listed under the ticker 'KIT' in ... |
| | | | Fiducian Group said it kept the business steady and took in positive net inflows in the first half of the 2026 reporting period amid a turbulent backdrop. According to Fiducian chief executive Indy Singh, the ASX-listed financial services firm kept ... |
| | | | Vanguard global chief economist Joe Davis said the rapid rise of artificial intelligence (AI) has become a transformative economic force. However, while today's AI leaders dominate headlines, tomorrow's winners may look very different. Speaking at an ... |
| | | | Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ... |
| | | | ... We'll consider whether more steps can be taken on tax reform," he said. "But overall, it will all be about lifting the speed limit on the economy, making sure we can grow quicker with lower inflation, attracting investment, dealing with intergenerational ... |
| | | | Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes ... |
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