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Showing 71 - 80 of 335 results for "Big-T"

Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
This from the morning Factset 'Top Stories' feed: Why are stocks lower? Weakness in US equities follows big bounce over last couple of weeks in the wake of October selloff. iPhone demand concerns weighing heavily on AAPL-US, supply chain names ...

Westpac admits it didn't take FoFA seriously

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Westpac said while implementing the Future of Financial Advice reforms, it did not embed strong enough controls and record-keeping to police fee-for-no-service advice. The admission was made in the bank's annual sustainability report released today ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Major institutions take about five years to identify significant breaches while remediating some customers takes even longer, an ASIC review of breach reporting obligations found. In Report 594 released overnight, the big the institutions took 4.5 years ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
The wealth management industry's ability to realise its full potential and social purpose will be underpinned by a diverse workforce and conscious capitalism, according to Pendal chief executive Richard Brandweiner. Brandweiner said the volume of ...

Australia's first OTC trading desk for digital currencies opens

KANIKA SOOD  |  TUESDAY, 13 MAR 2018
Australian crypto investors wanting to execute large digital currency trades will have an over-the-counter trading desk to go to from next week. Sydney-based Bitcoin and digital currency exchange Independent Reserve will go live with Australia's first ...

Industry fund flags further fee cuts

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
A $14 billion industry super fund is flagging further fee reductions from July 1 and to become one of the lowest-cost funds in Australia. Following its merger with Rio Tinto Staff Superannuation Fund on 1 July 2017, Equipsuper reports "better than expected ...

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
The creation of a new US asset manager represents former Lehman Brothers chief executive Dick Fuld's most public Wall Street comeback since Lehman's collapse in 2008. Targeting high net worth individuals, family offices and institutions, Matrix Private ...

Big tech leads fintech optimism

DARREN SNYDER  |  THURSDAY, 24 AUG 2017
Three years of global research on fintechs has delivered an optimistic assessment about their disruptive and transformative role in financial services. The research culminated in an 197-page report released by the World Economic Forum and Deloitte ...

Emerging markets need a rethink

ALEX BURKE  |  WEDNESDAY, 16 AUG 2017
MSCI's definition of emerging markets doesn't necessarily represent the actual growth in emerging economies, according to LGM Investments chief investment officer Thomas Vester. LGM, which is a subsidiary of BMO Global Asset Management, is ramping up ...

Less room for mid-tier asset managers: Stern

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
Standard Life Investments head of multi-asset and macro investing, Guy Stern, believes the asset management industry will soon stratify into trillion-dollar players and boutiques - with not much room for a middle ground. Speaking to Financial Standard ...