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| | | Schroders Australia has switched its $25 billion assets onto a new Singapore-based investment management system to keep up with compliance and regulatory changes, choosing portfolio management software provider, SimCorp Dimension. Taking 12 months to ... |
| | | | New Zealand's major banks had their credit ratings cut by Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's ... |
| | | | Industry fund StatewideSuper is to merge with smaller fund Local Super in a deal that would create a $4 billion entity, covering 160,000 members of the state's work force. Statewide Super, which has about 90 employees, 135,000 members and $2.4 billion ... |
| | | | Houston, it seems we've lost May. With two trading days to go this month - one for Wall Street because of the Memorial Day holiday in the US - "sell in May then go away" is in the bag - unless of course, there's a sudden whiff of euphoria, or perhaps ... |
| | | | A financial adviser who allegedly used a scanned copy of his 72-year-old client's signature to misappropriate $1.5 million in shares is facing a life ban from ASIC and court action. Todd Michael King, of Perth, WA, allegedly used a scanned signature ... |
| | | | The Australian market is expected to open marginally higher on Friday after Wall Street continued a recovery, although it ended relatively flat. Both oil and metals were mixed overnight. On the ASX 24 at 0701 AEST, the June share price index futures ... |
| | | | Snowball Group and Shadforth Financial Group are driving the consolidation agenda with their merger which came about largely thanks to the matchmaking skills of financial planning industry stalwart John Godfrey. The two non-aligned financial advice ... |
| | | | New executives, flexible cost base, greater discipline and over 100 staff cuts make up the first of three initiatives planned by Perpetual as it fights to rebuild its focus and performance. Just one day after news that its star fund manager and head ... |
| | | | More than 250,000 people have gone to the Government's MoneySmart financial literacy website since it was launched in March, showing a strong appetite among consumers for more information about their money, the Federal Government said today. It features ... |
| | | | The $25 billion Australian water entitlements market is proving a lucrative and attractive allure for investors that want to diversify their portfolios with the alternative asset class. Picked to influence current alternatives and mainstream investment ... |
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