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| | | A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ... |
| | | | Cypto asset investment platform Zerocap has launched a new fund, Zerocap Smart Beta Bitcoin, with the aim of effectively managing and reducing Bitcoin's high volatility and price swings. The objective of Smart Beta Bitcoin is to reduce and balance risk ... |
| | | | ... are said to be in the empathy business as much as in the finance business, he told a Vanguard event. "In the real world, though, retirement is a transformative time of life and also a great opportunity for financial advisers," he said. With some 250,000 ... |
| | | | ... dramatically, it's absolutely crucial they have a robust and agile AML system in place," he said. "Growth can only continue though by adopting intelligent technology to keep on top of ever-stringent regulatory obligations. We look forward to seeing our ... |
| | | | ... Worse still, the survey revealed that most Australians do not know which industries their super is being invested in, even though most say they would switch funds if they knew their super was funding cruel industries such as factory farming, live animal ... |
| | | | AllianceBernstein has revealed plans for a global ETF business, appointing State Street Global Advisors' head of product to lead it. Noel Archard will be responsible for bringing AB's "diverse set of investment capabilities to the active ETF marketplace," ... |
| | | | Equity Trustees has expanded its asset management team with the appointment of a responsible investing lead. The newly created role at Equity Trustees has been filled by Dilan Ashton. Ashton will be based in the Sydney office as general manager, responsible ... |
| | | | Morningstar cut its fair value estimate for narrow-moat Magellan Financial Group by 25% to $38 per share, after the fund manager lost a major mandate. That's according to a note from analyst Shaun Ler, who said the impact of St James' Place (SJP) cutting ... |
| | | | ... ASIC of $300,000. The Federal Court made the order against Michael Christodoulou King based on the unpaid penalty even though such a debt is not one provable in bankruptcy, ASIC said. Justice Kylie Downes decided to bankrupt King as he owes provable ... |
| | | | ... heatmaps a wake-up call to consumers about the importance of having their superannuation invested in a well performing fund, though there's still doubts as to the accuracy of the regulator's process. The release of the APRA heatmaps for MySuper and Choice ... |
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