Where are markets headed in 2018 – the view from Legg Mason

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Beware inflation The outlook for investment markets is positive for 2018, but investors need to remain on full alert, according to a report by Legg Mason, one of the world’s... Read more continue reading

SMAs on Macquarie Wrap top $1 billion

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Macquarie has announced its separately managed accounts (SMAs) on the Macquarie Wrap investment platform surpassed $1 billion in funds under administration. This milestone comes only three years after SMAs were... Read more continue reading

ClearView announces significant enhancements to life insurance platform

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Listed diversified financial services company ClearView has made significant enhancements to its life insurance quote and application system, designed to help financial advisers run more efficient businesses and secure cover... Read more continue reading

AMP Capital’s CommIF secures stake in VCCC

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AMP Capital has acquired a 21 per cent stake in the Victorian Comprehensive Cancer Centre (VCCC) building from funds managed and/or advised by Partners Group on behalf of investors in... Read more continue reading

Principal and CIMB Group to realign ownership stakes in joint ventures across Southeast Asia

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Principal Financial Group (“Principal”) and CIMB Group Holdings Berhad (“CIMB”) have announced that they have signed agreements for Principal to gain additional ownership of the CIMB-Principal Asset Management Group and... Read more continue reading

SMSF industry still coming to grips with super changes

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The SMSF industry is still working through the far-reaching policy and legislative changes that took effect on 1 July 2017, says SMSF Association CEO John Maroney. He says the changes... Read more continue reading

Milestone for equity crowdfunding in Australia with ASIC licence approval

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OnMarket will be one of the first businesses in Australia to raise capital this year through ‘the crowd’, following the Australian Securities and Investments Commission’s approval of its equity crowdfunding... Read more continue reading

Centuria acquires $115 million Geelong building, growing AUM to $4.5 billion

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Centuria Capital Group (ASX: CNI) is pleased to announce that its subsidiary, Centuria Property Funds Limited, has unconditionally exchanged contracts to acquire 60 Brougham Street, Geelong, Victoria for $115.25 million.... Read more continue reading

DomaCom integrates with IRESS

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Fractional property investment company DomaCom (ASX:DCL) announces that it has entered into an agreement to integrate its property sub-funds into IRESS (ASX:IRE) XPLAN via the EPI data feed. On the... Read more continue reading

Debit card growth the strongest in 4½ years

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Credit cards Credit cards: The average credit card balance rose by $65.90 to $3,127.70 in November – the largest monthly increase in 12 months. However, the smoothed annual growth rate of... Read more continue reading