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16 September 2015 • By Reporter • 1 min read

ASIC moves to wind up Avestra AM

The corporate regulator has commenced proceedings in the Federal Court of Australia to have Avestra Asset Management (Avestra AM) wound up

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IRESS acquires UK tech firms

ASX-listed financial software firm IRESS has announced two strategic acquisitions as it continues to develop its operations in the UK

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First State Super invests in tech start-ups

Industry fund First State Super has made a $110 million investment into venture capital firm Blackbird Ventures. First State Super has made the ...

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Robo-advice to go mainstream by 2017

Risk-profiling firm FinaMetrica has predicted that all major financial institutions will have a robo-advice function within the next two years

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ASIC warns super trustees on compliance

ASIC has indicated that compliance by responsible entities and superannuation trustees needs to be improved, particularly in areas such as processes ...

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Don't invest fearfully, warns SSgA

Many market participants are reacting to recent volatility and market dislocations with increased fear, leading to poor investment decisions, says ...

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ANZ ETFS appoints new head

ANZ ETFS has appointed a new head of exchange-traded funds (ETFS) to be based in Sydney. Former Invesco Powershares executive Kris Walesby has been ...

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ANZ plays down Asia exposure

ANZ chief executive Mike Smith has moved to placate shareholders about the institutional banking arm's Asian exposure at default. ANZ released a ...

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Australia at risk if new GFC hits

As global markets become increasingly volatile, there is concern that if another global financial crisis eventuates Australia would be hard hit, says ...

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Reconsider tax solutions, super funds warned

Superannuation funds are likely to receive enhanced returns when opting for tax-managed centralised portfolio management over back-office custodial ...

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