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| | | ASIC has provided an update on its investigation into the suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated ... |
| | | | Speaking at the XY Adviser Event in Sydney, Association of Financial Advisers 2014 adviser of the year Eleanor Dartnall explained that client education leads to client retention. Describing her "epiphany" that led her from "managing" clients to "actually ... |
| | | | OneVue has announced changes in its management team, custodial arrangements and digital strategy in its March quarter update. Current chief financial officer Brett Marsh will be replaced by Ashley Fenton, previously CFO at executive recruitment company ... |
| | | | AMP has announced reductions in upfront commissions for licensed advisers on all life insurance policies, adopting a hybrid commission structure. At the same time, members of Australia's largest independent adviser network, Centrepoint Alliance, have ... |
| | | | One in five (20%) financial advisers are now using separately managed accounts for investors, according to research by JBWere and Investment Trends. This is the highest level of usage recorded, indicating both the growing client preference for the transparency ... |
| | | | ... other giant. "India faces a once in a generation fork in the road," Standard Life Investments emerging markets economist Alex Wolf said. The 10th largest economy in the world could overtake China as the fastest growing Asian economy if the new government ... |
| | | | TIAA-CREF has acquired full ownership of TIAA Henderson Real Estate from Henderson Global Investors for A£80 million ($154 million). Prior to acquisition, TIAA-CREF owned a 60% stake in the business. TH Real Estate will maintain its existing investment ... |
| | | | Two Standard Life Investments funds have been added to MLC's platform. The Global Absolute Returns Strategies Australian Trust and Absolute Return Global Bond Strategies Australian Trust were established in 2006 and 2011 respectively. Both funds are ... |
| | | | DMP Asset Management has restructured its executive team, appointed a new senior fund manager and added a new director to its board. Allison Hill, previously a senior consultant at Frontier Advisors, has become chief executive officer and former Antares ... |
| | | | AMP Capital has appointed Damian Stanley as principal, investments for its Infrastructure Equity team. Based in London, Stanley will report to AMP Capital head of origination, Europe, Simon Ellis. Prior to his new role, Stanley was a director on Whitehelm ... |
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