Legg Mason Western Asset Australian Bond Fund crosses one billion dollars in funds under management

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The Legg Mason Western Asset Australian Bond Fund has passed A$1 billion in funds under management, cementing its position as one of the leading Active Australian bond funds in the market. This... Read more continue reading

Powerwrap exceeding forecasts and showing steady growth

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Wealth platform Powerwrap Limited (ASX: PWL) last week announced its first full year results (unaudited) since listing. The company reported a strong platform revenue result of $16.3 million for the... Read more continue reading

AMP continues to invest in risk management, appointing a dedicated Group Whistleblowing Officer

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AMP Limited has appointed Anne-Marie Paterson as its Group Whistleblowing Officer as it invests $100 million (pre tax) over two years above usual investment to further strengthen its risk, governance... Read more continue reading

La Trobe Financial bolsters executive team with 3 senior bankers

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La Trobe Financial, one of Australia’s leading non-banks, has announced the appointment of 3 senior bank executives to assist the company with planned growth. Since inking a partnership in December... Read more continue reading

AFA and TAL announce winner of 2019 AFA Female Excellence in Advice Award

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Dawn Thomas from Wealthwise is the winner of the 2019 Association of Financial Advisers (AFA) Female Excellence in Advice Award (the Award). The Award recognises outstanding female leadership in financial... Read more continue reading

Crypto exchange opens offering insured custody for traders and investors

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Australia’s latest crypto exchange and broker has launched at Barangaroo this week. Mine Digital CEO, Grant Colthup, believes Mine Digital will set a new standard in the Australian cryptocurrency market.... Read more continue reading

Whitehelm launches Australian version of successful global infrastructure fund

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Infrastructure investment specialist, Whitehelm Capital, has launched an Australia-domiciled version of its successful Europe-based Listed Core Infrastructure Fund to meet a growing Australian demand for truly defensive anchors for equity... Read more continue reading

Another strong year of growth for RAIZ

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Raiz Invest Limited (“Raiz” or “the Company”) (ASX: RZI), a first of its kind mobile-led, consumer focused, financial services platform, has provided an overview of its FY19 financial results for... Read more continue reading

Australian Ethical announces record profit of $6.5m, up 29%

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Financial highlights Net profit after tax attributable to shareholders of $6.5m (up 29%) Consolidated statutory net profit after tax of $6.6m Revenues of $41.0m (up 14%) Performance fee on Emerging... Read more continue reading

Advisers must avoid the managed account conflict trap

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Managed accounts are exploding in popularity due to the clear advantages they offer licensees and their clients, but leading investment research house Lonsec has warned that advisers are gambling with... Read more continue reading