PM CAPITAL Asian Companies Fund receives ‘Recommended’ rating from Zenith Investment Partners

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PM CAPITAL has announced that the PM CAPITAL Asian Companies Fund has received its inaugural ‘Recommended’ rating from the leading independent research house, Zenith Investment Partners. PM CAPITAL’s CEO Ben Skilbeck... Read more continue reading

AFA unveils new location for 2016 National Adviser Conference

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The Association of Financial Advisers (AFA) announced yesterday that the National Convention Centre in Canberra will play host to its premier event – the 2016 AFA National Adviser Conference (the... Read more continue reading

New IFA deals to push MDA provider FUA to over $2B

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Five boutique financial advisory firms have launched new managed discretionary account (MDA) services in partnership with Managed Accounts Holdings Limited (MGP), which will ultimately see the company’s funds under administration... Read more continue reading

AustSafe Super selects AB for factor risk completion strategy

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Global asset manager AllianceBernstein (AB) said yesterday that it has been selected by superannuation fund AustSafe Super to manage an equity risk-management overlay strategy which aims to enhance risk-adjusted investment returns... Read more continue reading

Charles Smith joins NAB Wealth Advice

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NAB Wealth has announced Charles Smith as the new Business Growth Manager, Strategic Alliances & Growth. Charles brings with him 25 years of experience within the wealth management industry, having... Read more continue reading

Surge in demand for multi-devise, multi-asset trading

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Saxo Capital Markets, Australian subsidiary of online trading specialist Saxo Bank, has revealed that 50% of its Asia Pacific region trading volume and revenue is now being generated by retail... Read more continue reading

Early Christmas present for motorists

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Job advertisements; Weekly petrol prices Petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 1.6 cents per litre to 124.7 cents... Read more continue reading

On the economy: New normal or abnormal?

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Over the past five years, the average annual growth of 2.1% in real gross domestic product clearly fits the narrative of the new normal. Yet the economy’s recent performance has... Read more continue reading

AFA welcomes release of draft LIF legislation, and draft legislation on professional standards for financial advisers

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The Association of Financial Advisers (AFA) welcomes the Government’s release of Exposure Draft Legislation for the new Life Insurance Framework (LIF) and the release of draft legislation on Professional Standards... Read more continue reading

Weekly market update – week ending 4 December, 2015

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Investment markets and key developments over the past week The past week was dominated by worries about the Fed hiking rates later this month against a background of mixed economic... Read more continue reading