AMP’s North wrap products hit $25 billion FUM

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AMP’s North wrap products, North and MyNorth have collectively hit $25 billion in funds under management (FUM), with AMP’s flagship wrap platform MyNorth reaching $4.4 billion FUM since its February... Read more continue reading

Charter Hall launches new direct industrial fund to meet investor demand for income yield and resilient growth

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Charter Hall Group, one of Australia’s leading integrated property groups with $18 billion of assets under management, has announced the launch of its fourth Direct Industrial Fund (DIF4) which features a... Read more continue reading

XTBs added to Macquarie digital wealth management platform OwnersAdvisory

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Reflecting the continued search for income in a low-yield environment by investors, in particular SMSFs, ‘XTBs’ have recently been added to OwnersAdvisory by Macquarie. The OwnersAdvisory platform offers custom advice... Read more continue reading

Neuberger Berman creates new senior role

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Neuberger Berman Australia has appointed Ben Canagasabey to the newly created role of senior manager – client operations and fund oversight. Angela Verco, head of client relationships at Neuberger Berman,... Read more continue reading

Blue Sky forms joint venture to invest in the world’s biggest student market

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The North American arm of Australia’s Blue Sky Alternative Investments (ASX:BLA) has formed a joint venture (JV) with the team behind Student Quarters, a specialist independent student housing investment manager... Read more continue reading

BlackRock Australia streamlines delivery of service to clients by merging distribution teams and making new appointments

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BlackRock yesterday announced amalgamation of its institutional and retail distribution teams in Australia, along with six new appointments. The move will improve service to clients by streamlining delivery of the firm’s... Read more continue reading

Weekly market update – week ending 18 November, 2016

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Investment markets and key developments over the past week The past week saw most advanced country share markets, bond yields and the $US continue to push higher as investors continue... Read more continue reading

YTML aligns with BusinessBlades to form YTML Group

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IT solution provider YTML has joined forces with business effectiveness expert BusinessBlades to form the YTML Group, providing mid-tier practices with a leading and innovative 360-degree business review and solution... Read more continue reading

Economic six pack

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Here are Craig James’ six standout charts for the past week. The charts cover: The Australian 10-year bond yield The US Dow Jones 2012 vs 2016 Wages & prices Unemployment The... Read more continue reading

Jobless rate at fresh 3½-year lows

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Labour force Employment rose by 9,800 in October after falling by 29,000 in September (previously reported as a fall 9,800 jobs). Full-time jobs rose by 41,500 while part-time jobs fell... Read more continue reading