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14 June 2019 • By James Mitchell • 1 min read

ANZ caves on ‘fees for no service’ issue

The major bank has complied with the court enforceable undertaking entered into with ASIC in March 2018 regarding fees for no service. ANZ entered ...

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Cashwerkz added to Agility Connect

Cashwerkz has been integrated with Agility Applications’ Connect solution, making the investment platform now available to 175 financial services ...

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John Bridgeman could finally secure pirate fund

Investment manager John Bridgeman could be about to take over troubled Brisbane fund Benjamin Hornigold, following the resignation of all of the ...

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Impact investing to boost charities sector

The full potential of impact investing is not being realised, according to the Community Council for Australia, with the responsible investing market ...

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Aus ETFs near $50bn

Australia’s ETF sector ended May at a high of $48.7 billion in funds under management, with all of its monthly growth coming from net inflows, ...

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CBA offloads advice group for $2.5m

Australia’s largest bank has confirmed that it will sell a major advice dealer group with 359 advisers for $2.5 million.  Together with a special ...

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JP Morgan secures $2bn custody mandate

Neuberger Berman has appointed JP Morgan to provide custodial and fund administration services to the asset manager’s $2 billion of Australian ...

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ADI capital benchmarks to have little impact on borrowers

The head of the prudential regulator does not expect APRA’s “unquestionably strong” capital benchmarks to have much of an impact on borrowers

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GAM adds Aus institutional business director

GAM Investments has made an appointment for the newly created position of director for its institutional business. Alison Wallis is taking the ...

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Mercer appoints senior client manager

Mercer has hired a new senior client manager to look after its large industry and public sector funds. Paul Giles has commenced in the role, ...

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