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Robo-adviser crashes during Wall Street selloff

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
One of the largest robo-advisers in the US saw its website go offline while markets fell across the globe on February 5. Wealthfront had to issue multiple clarifications to users via Twitter after complaints reached the platform that the website was ...

AFA can contribute to draining the swamp: George

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
... or two rubber bands pull away from the ball a little bit - but ping! As soon as something is on the front page of any newspaper we're all back together in this big rubber band ball," she said.

Sydney RE to pay for false ads

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2017
... schemes. It was ordered to pay $50,000 for making false and misleading statements on its website and in two national newspaper advertisements between 21 September 2010 and 7 October 2015. Huntley advertised that its investment projects were 'approved ...

May the force's not with her

BENJAMIN ONG  |  TUESDAY, 13 JUN 2017
... expected to boost the Conservatives' slim majority of 17 seats to as much as 140 based on current polls (as 'The Guardian' newspaper reports citing "election expert Michael Thrasher). Instead, and akin to the Brexit referendum result, UK voters once ...

Human rights considerations are good for investors

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
... maintain their social licence into the future." In a meta-study of more than 200 academic studies, industry reports, newspaper articles, and books, the University of Oxford and Arabesque Management showed 88% of research found that solid ESG practices ...

Aligned advisers return to UK

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... noticeable increase in people asking if we can help with advice and up to now we have had to say no," Barton told UK trade newspaper Money Marketing. "Like a lot of organisations when the RDR came in, Aviva did not know what the demand to provide advice ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
... strength as the uncertainties unravel. Internet job ads increased by 0.6% over the month of June and by 8.8% over the year. Newspaper ads continued to decline, down 5.3% and 29.8, respectively. Job advertisements lead employment growth by around 6-9 ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 7 JUN 2016
... after dipping by 0.6% in the previous month. Jobs advertised on the internet went up by 2.6% in the month of May while newspaper job ads continued their decline, down 12.6% last month. Year-on-year, the rate of growth in total job advertisements accelerated ...

Financial planners improve standing in annual trust survey

MARK SMITH  |  TUESDAY, 17 MAY 2016
... union leaders. Also in the bottom half of the table were directors of public companies (18), business executives (19), newspaper journalists (20), Federal MPs (23) and stock brokers (25). "Roy Morgan's annual Image of Professions survey for 2016 shows ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 10 MAY 2016
ANZ job advertisements Total job advertisements in Australia declined by 0.8% in April following a 0.1% increase in the previous month. While the year-on-year growth rate in job ads remained at a positive 6.3%, it has slowed from 10.0% in March and ...

Editor's Choice

Aware Super reshapes governance team, appoints chief risk officer

VINNY VUCAGO
Aware Super has announced a leadership reshuffle, appointing a new chief risk officer amid the departure of its long-serving group executive of legal.

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI
IFM Investors has raised its stake in Atlas Arteria from 34.5% to 38.3% in an on-market stock purchase, just a day after it raised its offer price for the toll road operator to $5.10 per security.

Zenith bolsters research, investment capabilities with new hires

MATTHEW WAI
Zenith has announced two senior appointments to strengthen its research and portfolio management divisions.

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA
The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve.

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