ASIC amends financial advice and capital raisings COVID 19 instruments

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ASIC has registered an amending instrument to specify an end date for three COVID-19 related instruments. The ASIC Corporations (Amendment) Instrument 2020/565 makes the following amendments: The earlier amendment to the ASIC Corporations... Read more continue reading

GSFM’s Stephen Miller comments on the Federal Reserve June statement

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Fed forecasts no increase in rates until at least the end of 2022 The Federal Reserve projected interest rates will remain near zero through 2022 with the Fed’s ‘dot plot’ revealing a... Read more continue reading

Zenith Sector Review: Claims of ’flawed’ LICs and LITs is a failure of selection, not structure

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For investors in Listed Investment Companies and Listed Investment Trusts (LICs/LITs), 2020 is shaping up as a year they would rather forget. Despite raising a record $5.5 billion of IPO... Read more continue reading

BNP Paribas Securities Services launches Natural Language Generation solution to enhance the global custody client experience

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BNP Paribas Securities Services, a leading global custodian with USD 10.6 trillion in assets under custody[1], is using Natural Language Generation (NLG) to help its global custody clients enhance monitoring... Read more continue reading

ASIC’s Interim Corporate Plan for 2020-21

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ASIC has published its Interim Corporate Plan, which sets out five priorities to tackle the challenges presented by the COVID-19 pandemic: protecting consumers from harm at a time of heightened... Read more continue reading

AMP Bank launches digital applications for SMSF savings accounts

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AMP Bank is continuing to invest in its digital capability with the launch of online applications for SMSF deposit accounts, including the award winning[1] SuperEdge Saver. AMP Bank Managing Director... Read more continue reading

Shares climb a “wall of worry” – but is it sustainable

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Key points The strong rally in shares since their March lows reflects a combination of economic reopening, signs of recovery, policy stimulus and once pessimistic investors closing underweight or short... Read more continue reading

Aberdeen Standard Investments launches Global Small-Cap Fund in Australia

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Aberdeen Standard Investments (ASI) has launched the Aberdeen Standard Global Smaller Companies Fund (the “Fund”) in Australia. The Fund provides investors and financial advisers with access to a high-conviction, professionally... Read more continue reading

Australian Fund Monitors appoints Damen Purcell

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 Australian Fund Monitors has announced the appointment of Damen Purcell to the role of Chief Operating Officer. Damen has over 23 years’ experience in the industry with Australian Unity Investments,... Read more continue reading

Refinancing of home loans soars to record highs

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Lending; Chinese inflation Home loans: The value of home loans fell by 4.8 per cent in April (consensus: -10 per cent) with owner-occupier loans down by 5- per cent and... Read more continue reading