Jobless rate falls to 13-month lows 

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Labour force What happened? Employment fell by 30,600 in April after rising by 77,000 in March. The unemployment rate fell from 5.7 per cent to 5.5 per cent. Implications: Unemployment... Read more continue reading

Professional registration should be at the heart of new disciplinary model

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The Financial Planning Association of Australia (FPA) welcomes the Government’s proposal to establish a new disciplinary function for financial planners but is calling for further refinement to improve the model, including the creation of a... Read more continue reading

State Street appoints new outsourced trading sales executive amid industry transformation

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State Street Corporation has announced the appointment of Damian Hoult on its Global Markets’ agency outsourced execution team. In this position, Hoult will work with asset managers and asset owners... Read more continue reading

Growth of local M&A activity benefitting Aussie investors

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Australian investors looking for local market returns are benefitting from a strong rise in M&A activity in 2021, with further opportunities on the horizon in the second half of the... Read more continue reading

Legalsuper leverages Link Group’s Super Blueprint for intra fund advice

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legalsuper has extended its partnership with Link Group by introducing a new digital intra-fund advice service to members through Link Group’s Super Blueprint. Developed in response to a rise in... Read more continue reading

Chi-X Australia bolsters investment products team with new senior appointment

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Stock Exchange Chi-X Australia is pleased to announce the appointment of Oran D’Arcy to the role of Director – Investment Products, effective 31 May 2021. Mr D’Arcy joins Chi-X with... Read more continue reading

EFM Asset Management selects Equity Trustees for new fund

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EFM Asset Management Limited (EFM) has appointed Equity Trustees as responsible entity for its latest offering, the EFM Global Financial Services and Technology Trust. A listed global equities specialist based... Read more continue reading

BTIG names new Co-Heads for Asia-Pacific

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BTIG have announced that Andrew Dalgleish and Trevor Harrison have been named Co-Heads of BTIG Asia-Pacific. In addition, Samuel Leung has been named Chief Strategy Officer of BTIG Hong Kong... Read more continue reading

APIR to pilot centralised TMD data offering

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Financial services utility, APIR Systems, will be conducting a pilot program this week to showcase its ability to house a centralised Target Market Determination (TMD) repository ahead of the impending... Read more continue reading

Peak Re Names Sascha Bruns as Head of Global Retrocession

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Peak Reinsurance Company Limited (“Peak Re”), the Hong Kong-based global reinsurer, announced that Mr. Sascha Bruns has been appointed Director, Head of Global Retrocession, effective 1 September 2021. Mr. Bruns... Read more continue reading