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20 March 2019 • By Sarah Simpkins • 1 min read

Macquarie assets poised to grow

Macquarie Group is well placed for growth in its wealth management, according to Morgan Stanley, which expects the bank’s gross inflows in its ...

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Class action against former investment manager wraps

Around 201 investors have received approximately $1.5 million in one of multiple class action claims against a former investment manager and ...

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Westpac restructures wealth management

Westpac has made changes to its wealth management and leadership, with it expecting to save around $73 million. Westpac has published its plan to ...

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Use apps to target young investors: GlobalData

Utilizing technology to provide simple, easy-to-use, and accessible apps is paramount to appeal to young investors, according to data and analytics ...

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‘FONGO’: Top forecaster’s property market warning

Property investors will be weighing up their options as prices continue to slide in the nation’s largest capital cities. Last week the Reserve Bank ...

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Industry rallies to boost diversity

Future IM/Pact has signed on two new partners in an effort to attract more diverse talent into investment management.  Challenger Limited and ...

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ETFs achieve highest monthly growth

The Australian ETF sector has reached its highest monthly funds under management (FUM) increase of $2.3 billion, surpassing the previous peak of $2 ...

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AMP wealth earnings predicted to plunge

Earnings for AMP Wealth are forecasted to more than halve during the next two years, plummeting from $363 million in FY18 to an estimated $161 million ...

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Investors launch class action against IOOF

IOOF Holdings is facing class action from some of its shareholders, following evidence given at the royal commission alleging that the firm’s ...

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NAB responds to Hayne recommendations

The National Australia Bank has supported all 72 recommendations in the Hayne final report and has already completed or was in the process of ...

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