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26 July 2019 • By Eliot Hastie • 1 min read

High-net-wealth investors unsophisticated in approach

A new report into the investing habits of high-net-wealth individuals has found that their portfolios are not very sophisticated. The inaugural ...

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Macquarie to dismantle asset finance business

Macquarie Group will be disbanding its Capital and Asset Finance (CAF) unit, dividing it between its other businesses. From 1 September, each of ...

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RBA prepared to cut rates further

Inflation targets have overtaken fears over high household debt as the Reserve Bank’s chief priority, clearing the way for more rate cuts

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IOOF FUMA up 19%

IOOF has posted a year-on-year increase of 18.7 per cent in its funds under management, advice and administration (FUMA) to $149.5 billion. The ...

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Saxo Bank cleared to acquire stockbroker

All regulatory clearances have been obtained to allow Saxo Bank to acquire an online stockbroking company for $677 million. The acquisition of ...

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ANZ sued for unconscionable conduct

ASIC has commenced proceedings in the Federal Court against ANZ over allegations relating to charging of fees for periodical payments. ASIC advised ...

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UniSuper hires MLC Life strategist

UniSuper has appointed a new chief strategy and marketing officer who joins from MLC Life Insurance where he played a lead role in the demerger from ...

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Resimac appoints 4 new BDMs

Resimac has signalled its growth intentions by appointing four new business development managers (BDMs) and a new relationship management team

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Franklin Templeton appoints account manager

Paul Ramsay has been appointed to the position of retail key account manager at Franklin Templeton. Based in the Melbourne officer Mr Ramsay will ...

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QSuper promotes internally for chief investment role

QSuper has promoted Charles Woodhouse to the role of chief investment officer having previously been head of funds management. Mr Woodhouse took on ...

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