Westpac launches real-time digital gambling block for customers

From

Westpac has introduced a new blocking mechanism in its online and mobile banking platforms which will allow customers to restrict their spend with gambling merchants. The new digital feature means... Read more continue reading

LIC and LITs rally along with market recovery

From

At the end of March, a year on from the commencement of the market recovery, the Listed Investment Companies (LICs) and Listed Investment Trusts (LITs) sector had re-gained ~$13 billion... Read more continue reading

Wingate adds head of Real Estate research and market intelligence

From

Wingate has appointed real estate industry leader Andrew Perkins to the position of Research Director.  Mr Perkins is well known and widely regarded in the market as a specialist in... Read more continue reading

Hamilton Global Opportunities PLC selects Equity Trustees as Alternative Investment Fund Manager

From

Hamilton Global Opportunities PLC (HGO) has selected Equity Trustees to act as the Alternative Investment Fund Manager (AIFM) to the Company. HGO is a UK based Company that has recently... Read more continue reading

Grow Finance announces board appointments

From

Specialist lender Grow Finance, which provides growth capital for Australian SMEs, today announced that it has appointed to its board two highly experienced financial professionals. The new chairman, John Murphy,... Read more continue reading

MCP Master Income Trust successfully raises $191.8 million in oversubscribed wholesale placement

From

Metrics Credit Partners’ MCP Master Income Trust (ASX:MXT) raised in excess of $190 million via a wholesale investor placement to further diversity its loan portfolio. MXT issued more than 95... Read more continue reading

CommSec State of the States – April 2021

From

Overall results How are Australia’s states and territories performing? Each quarter CommSec attempts to find out by analysing eight key indicators: economic growth; retail spending; equipment investment; unemployment; construction work... Read more continue reading

FPA launches Best Practice File Note Guidance for financial planners

From

The FPA has released a new guidance on file notes to better help its members manage record keeping, in response to consumer complaints that highlighted gaps in records. The new... Read more continue reading

Weekly market update – week ending 23 April, 2021

From

Investment markets and key developments over the past week Share markets generally fell over the last week with first worries about the resurgence in global coronavirus cases and then reports... Read more continue reading

AMP announces intention to pursue demerger of AMP Capital’s private markets investment management business

From

AMP Limited has announced its intention to pursue a demerger of AMP Capital’s private markets business (“Private Markets”) of infrastructure equity, infrastructure debt and real estate. The proposed demerger follows... Read more continue reading