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|Despite the rise and rise of managed accounts, financial advisers still report that APL and AFSL restrictions are the main blockage on more of them getting on board with this new way of administering investments. Financial Standard has just completed ...|
|There are currently no sectors in the financial services industry immune from the risk of cultivating a poor culture, the Australian Securities and Investments Commission (ASIC) commissioner John Price said. Speaking at the 2015 Customer Owned Banking ...|
|State Street has appointed a new head of global markets sales and trading and research for the Asia-Pacific region. Colin Zhong joined State Street from UBS, where he specialised in "currency and fixed income rates products in locations including Hong ...|
|ANZ has announced it has completed its $720 million share purchase plan offer. The bank's statement to the ASX said it will "accept all eligible applications and issue approximately $720 million of ANZ shares at $26.50 per share." The offer was originally ...|
|This week's top industry moves include NAB appointing a general manager for Antares Equities and executives from Zenith and BlackRock joining UBS. - UBS hires Zenith, BlackRock senior execs A - Zenith's Jonathan Baird and BlackRock's David Redford-Bell ...|
|The Wall Street Journal's Financial Inclusion Challenge, supported by the MetLife Foundation, has been recognised by The Asia Society in Hong Kong. The Challenge is a global project launched in Asia to recognise innovative, sustainable, scalable strategies ...|
|Treasury reforms, financial innovation and growing demand is driving interest in Australia's hedge fund industry, according to the Alternative Investment Management Association (AIMA), the global hedge fund industry association. Currently managing $96.9 ...|
|Advisers licensed under one of BT's dealer groups will be able to undertake their education programs through a digital learning channel. The BTGL Learning Channel has digitalised professional development days and it tailors education programs to their ...|
|Tempo Asset Management has received its first rating from Lonsec for its Global Equity Fund. Lonsec cited Tempo's strategy as "heavily grounded in academic research, and Lonsec considers the investment team to have a strong pedigree in translating academic ...|
|Perpetual Corporate Trust has been appointed to provide responsible entity services for seven funds. In the past three months, Perpetual has won mandates with Dalton Nicol Reid's Australian Equities High Conviction Fund, Aviva Investors' Multi-Strategy ...|
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes.
The alternatives assets data juggernaut is opening an office in Sydney, as it looks to expand its local client base and build its research coverage.
New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab.
A Brisbane boutique is winding up an Aussie equities fund, after an investor decided to redeem their money, representing roughly 60% of the fund's assets, just before Christmas.
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