Pengana enters in to strategic agreement with award-winning UK-based asset manager

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Leading Australian funds management group, Pengana Capital Group Limited (ASX: PCG), announced this week it has entered in to a strategic agreement with WHEB Asset Management LLP (WHEB) to manage... Read more continue reading

US investment market commentary

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Steve Merlicek, IOOF’s Chief Investment Officer, recently spent a week in Washington DC meeting with a number of economic strategists and think-tanks discussing investment trends. While traveling, the hot topic... Read more continue reading

High performing retirement income strategy gets top rating from Morningstar

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Legg Mason, a global multi-affiliate investment manager, yesterday announced that the Legg Mason Martin Currie Diversified Income Trust, which has completed three years since inception in May 2014, has achieved the... Read more continue reading

Life hacks for tax: how to make this tax time quicker, easier and simpler

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Tax time begins this weekend, so the ATO has put together a bunch of information to help people get things right. 1. Decide how you’re going to lodge by 31... Read more continue reading

The Hon Kelly O’Dwyer MP included in distinguished line-up of speakers at 2017 AFA National Adviser Conference

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A new round of plenary speakers has been announced for the Association of Financial Advisers (AFA) National Adviser Conference, which is returning to the Gold Coast 11-13 October. The Hon... Read more continue reading

Corporations Act definition of independence too restrictive

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The AFA is not surprised that ASIC has received legal advice to support its position on a broader application of the ban on the use of the terms ‘independent’, ‘impartial’... Read more continue reading

Soggy sentiment; Construction corrects

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Consumer sentiment; Engineering construction Consumer confidence eases: The weekly ANZ/Roy Morgan consumer confidence rating eased from 112.4 to a 5-week low of 111.8 in the week to June 25. Engineering... Read more continue reading

Powerwrap raises $19 million for growth

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Wealth management platform company Powerwrap yesterday announced it had raised a further $19.4 million in capital from existing and new investors to spearhead its next stage of growth. The capital raising,... Read more continue reading

Nikko Asset Management wins two mandates from Zurich Investments

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Nikko Asset Management Australia has secured two new Australian Equities mandates from Zurich Investment Management Limited (Zurich Investments), following a competitive review process. Sam Hallinan, Managing Director of Nikko Asset... Read more continue reading

Lonsec upgrades Quay Global Real Estate Fund to ‘Recommended’

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Lonsec has awarded a ‘Recommended’ rating to the Quay Global Real Estate Fund. The fund is an unhedged global property securities strategy managed by Quay Global Investors which aims to... Read more continue reading