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| | | While headwinds are challenging capital markets globally, MinterEllison's latest report suggests that the Australian market remains resilient. The report reflects the viewpoints of a group of capital markets experts, as they discussed trends and the ... |
| | | | FIIG Securities has appointed Alex Welch as its chief executive, taking over from founder and managing director Jim Stening. Welch will step into the role next Monday week and be based in Sydney while Stening will remain on the FIIG board as a non-executive ... |
| | | | ASIC has so far secured more than $102 million in remediation for Freedom Insurance customers and is urging anyone else who purchased life cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review ... |
| | | | Rainmaker Information has published the Wholesale Managed Funds Net Flow report, measuring the growth or decline of wholesale managed funds. Providing market intelligence on the use of wholesale managed funds, both open unlisted unit trusts and ETFs ... |
| | | | Fiducian has recorded an underlying profit increase of 11% and seen record net inflows of $309 million, as it sets its sights on New Zealand, Japan, South Korea and Thailand. Reporting to the ASX, Fiducian said its underlying net profit for the year ... |
| | | | The fund services provider has welcomed two financial services industry veterans to its board ahead of its application to obtain CCIV authority. MSC Trustees has added Ruth McClelland and Steven O'Connell as non-executive directors, effective last week. ... |
| | | | The US$1 trillion asset manager has recruited GAM Investments' senior manager of institutional business. Sophie McFadyen joins Wellington Management as a local account manager. She was previously senior manager for GAM Investments' local institutional ... |
| | | | The global investment manager has acquired Sydney-based private equity real estate investment company Altis Property Partners. For Barings, the deal will add exposure to a $6 billion portfolio across retail, warehouse, residential and other specialist ... |
| | | | Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ... |
| | | | Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ... |
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