Nikko Asset Management and ARK Invest Partner for Disruptive Innovation Investment Solutions

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Nikko Asset Management (“Nikko AM”) last week announced that it is enhancing its disruptive innovation focused investment solutions by acquiring a minority stake in ARK Investment Management LLC (“ARK”). In... Read more continue reading

New appointments position Bennelong for future growth

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Bennelong Funds Management (Bennelong) has promoted its Head of Finance, Hamish Wood, to Chief Strategy Officer. He will report to Chief Executive Officer Craig Bingham. Hamish will be responsible for... Read more continue reading

The future of advice lies in finding the right blend of technology and the personal touch: HUB24

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As the technology used in advice practices continues to mature to enhance bottom line results, the challenge for advisers is to find the blend that works best for their business... Read more continue reading

75% of companies not meeting cost reduction targets

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In a new Deloitte survey of what measures Asia Pacific (APAC) companies are undertaking to manage costs and improve margins, Australian companies were found to have the least aggressive cost... Read more continue reading

YTML: ASIC’s example SoA ‘not balanced’

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Customer take up of life insurance advice could be adversely affected if Statements of Advice (SoA) for life insurance do not take a more balanced approach to the information they... Read more continue reading

Legg Mason Inc. announces positive results for the quarter

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Legg Mason, Inc. (NYSE: LM), one of world’s largest funds management groups, has reported its operating results for the first fiscal quarter 2018. The Company reported net income of US$50.9... Read more continue reading

OC added to FirstWrap, Macquarie Wrap

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Small and micro-cap Australian equities manager, OC Funds Management, has announced its micro-cap fund has been included on FirstWrap and Macquarie Wrap (Super). The OC Micro-Cap Fund aims to deliver... Read more continue reading

PPS Mutual’s life insurance allows professionals cover to keep pace with real earnings

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With the earnings of professionals rising at a faster pace than overall inflation, PPS Mutual has indexed its policy benefits against a realistic, proprietary measure of professional earnings growth. The... Read more continue reading

Centuria in largest industrial leasing deal of 2017

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Centuria Property Funds yesterday announced two key leasing deals for its listed industrial trust, Centuria Industrial REIT (ASX: CIP). The trust has renewed leases with AWH, Australia’s largest wool-handling operation,... Read more continue reading

Legg Mason’s market leading liquid-alternatives strategy now added to Netwealth superannuation and investment platform

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Legg Mason, one of world’s largest funds management groups, has announced that Legg Mason Western Asset Macro Opportunities Bond Fund has been added to one of Australia’s leading superannuation and... Read more continue reading