J.P. Morgan completes migration of ANZ custodian business

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J.P. Morgan direct custody offering open for business J.P. Morgan Treasury & Securities Services has today announced it has completed the successful migration of direct and master custody clients from... Read more continue reading

IOOF Licensees Join AFA

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The Association of Financial Advisers (AFA) today confirmed that four licensees, operating as part of Australian Wealth Management, a wholly owned subsidiary of IOOF, have joined as members of the... Read more continue reading

AMP welcomes AXA APH Directors’ decision to recommend merger

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AMP Limited (AMP) welcomes the unanimous decision by AXA Asia Pacific Holdings Limited (AXA APH) Independent Directors to recommend to minority shareholders the proposal to merge the AMP business with... Read more continue reading

AMP Bank increases standard variable rate

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AMP Bank is increasing its standard variable home loan interest rate for new and existing customers by 38 basis points to 7.82 per cent following the Reserve Bank of Australia’s... Read more continue reading

Outcome ideal for Tyndall Investments

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Commenting on the announcement today (16 November) that Nikko Asset Management (Nikko AM) will acquire Tyndall Investments, Australia and New Zealand from Suncorp, Mr Craig Hobart, who has been confirmed... Read more continue reading

ING IM cuts outlook for global economic growth, sees rise in volatility and increasing divergence in investment markets

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Test tube policies’ could contribute to further market volatility Positive earnings growth, attractive valuations and strong corporate wealth to drive global equity markets Australian economy to remain solid as Asian... Read more continue reading

Lonsec awards Russell multi-manager funds ‘Highly Recommended’ rating

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Russell multi-manager funds show strong performance despite challenging 12 months In recognition of Russell Investments’ “strong competitive advantages in people, process and product design” research house Lonsec has awarded Russell’s... Read more continue reading

BT Financial Group ‘Best of the Best’ in Customer Service

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BT Financial Group (BTFG) reigned supreme at last night‟s Australian Service Excellence Awards taking out two top line honours – the blue ribbon award, “Best of the Best” for Outstanding... Read more continue reading

Russell Australia High Dividend ETF records strong first six months

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Russell wins award for best new ETF in Asia RDV awarded multiple rating agency approvals The Russell Australia High Dividend Shares ETF (RDV) has grown rapidly to $70 million since... Read more continue reading

INGIM boosts wholesale team with new appointment

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INGIM hires fourth employee this year for Melbourne office Wholesale business continues to target advisers ING Investment Management (INGIM) Australia has boosted its wholesale business with the appointment of Mark... Read more continue reading