ASIC releases updated guidance on client money

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ASIC has released updated guidance for Australian financial services (AFS) licensees that hold client money for trading in over-the-counter (OTC) derivatives. The guidance coincides with the start of ASIC’s Client Money... Read more continue reading

It’s time to pay up – AISC’s new funding system

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ASIC’s new fee and levy structure, introduced on 1 July 2017 means that users now pay for most of the regulator’s costs. As of June this year, you’ll need to... Read more continue reading

Fastest growth in Victorian spending in 2 years

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Retail Trade; Building approvals; Consumer sentiment Retail trade: Retail trade rose by 0.6 per cent in February after rising by an upwardly-revised 0.2 per cent in January (previous up 0.1 per... Read more continue reading

Boutique Prime Value Asset Management appoints new portfolio manager

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Boutique fund manager, Prime Value Asset Management, has appointed a new portfolio manager, Richard Ivers, to its Australian equities team. Richard has over 16 years’ experience covering Australian equities in... Read more continue reading

Philanthropic giving – Private Ancillary Fund (PAF)

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“To give away money is an easy matter and in any man’s power. But to decide to whom to give it and how large and when, and for what purpose... Read more continue reading

Weekly market update – week ending 29 March, 2018

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Investment markets and key developments over the past week Share markets had another messy week with an early bounce as investors realised that trade war fears were overstated but concerns... Read more continue reading

Charter Hall partners with Informed Investor to highlight benefits of unlisted commercial property

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Charter Hall Direct, part of leading property investment and funds management group Charter Hall Group (ASX:CHC), has announced a partnership with independent investment information platform, Informed Investor. This platform aims to... Read more continue reading

Infocus financial advisers dig deep for children’s charity

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Infocus has presented the Starlight Children’s Foundation with a cheque for $8340.50. Speaking at their national head office on the Sunshine Coast, Infocus Managing Director Darren Steinhardt said “As Financial... Read more continue reading

Putting principles into practice: Insight calls on banks to move global economy to more sustainable footing

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Insight Investment, a leading global investment manager, has written to 28 banks across developed and emerging markets urging them to consider green bond issuance. It calls on them to support... Read more continue reading

Perpetual Global Share Fund receives Lonsec rating upgrade

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Perpetual has announced its Global Share Fund has received an upgraded ‘Recommended’ rating from Lonsec. Key strengths of the Fund recognised by Lonsec include the application of a long-standing and... Read more continue reading