Weekly market update – week ending 10 June, 2016

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Investment markets and key developments over the past week Shares were mixed over the last week. While US shares pushed higher to within 1% of an all-time high on Fed... Read more continue reading

Rural lending and car loans in vogue

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Lending Finance Lending: Total new loans (personal, business, housing & lease) fell by 1.4 per cent in April after rising by 1.3 per cent in March and rising by 2.1... Read more continue reading

Equity Trustees appoints Senior Manager, Relationships and Oversight in Melbourne office

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Equity Trustees Limited has appointed Alan O’Brien as a Senior Manager, Relationships and Oversight in the Corporate Trustee Services (CTS) Melbourne team, where he will be responsible for working with... Read more continue reading

Fortnum e-Clipse transition to HUB24 complete

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Leading-edge wealth management platform provider HUB24 (ASX: HUB) yesterday announced the successful completion of the partial successor fund transfer of the e-Clipse Super Fund to the HUB24 Super Fund, on behalf... Read more continue reading

Accounting and advice firm takes a new path for growth with GPS

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Former BT Select practice, BCB Financial Planning has joined noninstitutionally-owned dealer group GPS Wealth in a move expected to see the rapidly growing Sydney-based practice strike further referral agreements with... Read more continue reading

Where are we in the roller coaster of investor emotion?

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Key points At extremes the investment crowd is invariably wrong. Everyone who wants to buy will have done so and the only way is down (or vice versa in crowd... Read more continue reading

Sentry partners with OneVue on new series of SMAs

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Financial planning group Sentry has broadened its range of investment options by partnering with OneVue Platform Services to deliver a new series of separately managed accounts (SMAs) to Sentry advisers.... Read more continue reading

AMG Announces Agreement to Invest in Leading Alternative Firms

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Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, announced that it has reached a definitive agreement with Petershill Fund I, a group of investment vehicles managed by... Read more continue reading

Limited AFS licensing regime: Transitional arrangements end 30 June 2016

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ASIC has warned that from 1 July 2016, accountants must hold a limited Australian financial services (AFS) licence or be an authorised representative of a licence-holder or licensee in order to... Read more continue reading

AMP Capital’s property development capabilities recognised with industry award

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AMP Capital has won the Property Council of Australia’s Best Shopping Centre Development award for the redevelopment of Macquarie Centre in Sydney’s North Ryde. The final stage of the $440... Read more continue reading