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| | | ... rapidly accelerating development of artificial intelligence as an enabler of either competitive or cost advantage and a more open regulatory environment," the report said. "These forces are blurring the lines between not only active and passive management ... |
| | | | ... "It is something that needs to be carefully examined before investing," he says. "Even some of the evergreen funds (i.e. open-ended funds that are becoming more popular in the wealth management space) have liquidity constraints and restrictions that ... |
| | | | ... obligations, for all companies that have paid the notice but still have outstanding financial reports, ASIC's investigation remains open. O'Rourke said: "ASIC intends to undertake further surveillance work relating to the compliance by large proprietary ... |
| | | | IFM Investors has opened an office in Toronto, as the firm expands its global footprint. Across Canada, IFM serves more than 200 institutional clients, representing approximately $15.65 billion (C$14.4bn) in funds under management (FUM). IFM said the ... |
| | | | Melbourne-based Boman Group has been granted the Qualified Foreign Institutional Investor (QFII) licence by the China Securities Regulatory Commission, which will help it to expand its direct investments in China. The licence will allow its subsidiary ... |
| | | | Some 68% of candidates who sat the November sitting of the financial adviser exam passed, ASIC's results show. A total of 308 candidates undertook the exam, with 208 passing with flying colours. About three-quarters (75.6%) sat the exam for the first ... |
| | | | Datt Capital has expanded access to its high conviction small cap strategy, launching the Datt Capital Small Companies Fund Class B, a retail friendly version of its previously wholesale-only fund. The original Small Companies Fund, launched in 2023 ... |
| | | | ... valuation risks, due to infrequent trading and limited price discovery. Many of the private credit funds we reviewed were open-ended funds, with regular monthly or quarterly redemption periods," Kirkland said. "For open-ended funds in times of stress ... |
| | | | ... he joins the company at an exciting time. "As regulation comes into focus, Australia has a window to build a safer, more open financial system that puts users in control. Getting the regulatory setting right will ensure the greatest opportunities for ... |
| | | | ... who can access them," Iress chief executive of wealth in APAC Kelli Willmer said. "With 63% of Australians under 40 being open to digital advice solutions, embracing hybrid models, AI, and chat-based tools can help scale advice efficiently and meet clients ... |
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