ASIC accepts court enforceable undertaking from CBA

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Commonwealth Bank of Australia (CBA) has entered into a court enforceable undertaking with ASIC in relation to their bank bill trading business and their participation in the setting of the... Read more continue reading

Who’s using automated investment services and why: Robo-adviser shares customer insights

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A customer insights study by automated investment service Six Park has found that more than half its clients are using the robo-investment service to grow wealth outside of super (36.5%)... Read more continue reading

Liam Shorte brings practical knowledge to SMSF Association board

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The SMSF Association has appointed Liam Shorte, an SMSF Specialist Advisor™ and Financial Planner with his firm Verante Financial Planning, to its Board. Shorte, who has chaired the Association’s NSW... Read more continue reading

Tightening credit environment influences stock preferences across DNR Capital’s Australian equity funds

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Leading Australian equity investment manager, DNR Capital, has factored in a possible reduction in credit growth in determining the current positioning of its Australian equity funds including being underweight bond... Read more continue reading

BetaShares hires industry specialist to lead Institutional investor expansion

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BetaShares, a leading Australian ETF provider, has announced the appointment of Dan Annan to the newly-created role of Director – Institutional Business. Mr Annan will be responsible for leading BetaShares’... Read more continue reading

Weakest business confidence in 20 months

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Business survey; Consumer confidence; China inflation Business confidence falls: The business confidence index fell from an upwardly-revised +6.7 points (previously +6.2 points) in May to +5.7 points in June – the... Read more continue reading

Legg Mason hires new Institutional Sales Director

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Legg Mason has announced the appointment of Christina Manonian as Institutional Sales Director. Based in Melbourne, Ms Manonian will report to business head Andy Sowerby. The appointment is effective 30... Read more continue reading

Challenges ahead for broker industry but consumer confidence points to career and business opportunities

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Although the finance and mortgage broker sector has undergone many structural changes in past years (with more to come), it has also been the beneficiary of consumer disenchantment with the... Read more continue reading

Despite pullback, the case for EM bonds remains strong

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Investor sentiment on emerging markets has swung negative in recent weeks on concerns over tariffs, trade, global growth and a resurgent U.S. dollar. “However, we believe the long-term case for... Read more continue reading

New prices for ASIC regulatory services

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The fees ASIC charges for specific regulatory activities have changed to reflect the actual cost to ASIC associated with the work. In most cases this has resulted in a fee... Read more continue reading