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| | | Stockspot is making what it calls its biggest changes since launching, including lowering monthly fees for some accounts to $1 per month, and other initiatives aimed at making investing more accessible. Stockspot now charges only $1 a month for balances ... |
| | | | La Trobe Financial has been told by ASIC to stop offering its 12 Month Term Account and 2 Year Account products offered under the La Trobe Australian Credit Fund, as well as its US Private Credit Fund. The regulator said it is concerned that the target ... |
| | | | Acadian Asset Management has appointed a Sydney-based executive to strengthen its relationship with institutional investors across Australia and New Zealand. Matthew McLenaghan has been appointed senior vice president, business development, institutional ... |
| | | | ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ... |
| | | | Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ... |
| | | | ... bad adviser, so we're taking your licence away'. We have to do a full investigation," Court said. "We have to get investor evidence as to what they were told. We have to review the Statements of Advice that were given. We then have a delegate within ... |
| | | | ... digital assets and multi-asset strategies. Founded in Sydney in late 2008, it is now headquartered in Singapore serving an investor base of over 1350 active accounts, with over 40% of funds managed outside Australia. The manager has also appointed former ... |
| | | | While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ... |
| | | | The rise of private markets and increasing intra- and inter-fund correlation among asset classes should prompt financial advisers to rethink the traditional 60-40 portfolio. This is according to CI Global Asset Management head of fixed income and private ... |
| | | | ... risk of these strategies," Sebire said. While Metrics said it does not comment on separate rating outcomes, during an investor update this morning chief executive Andrew Lockhart said Lonsec's reference to its governance issue was "significantly" ... |
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