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21 March 2019 • By Sarah Simpkins • 1 min read

Digital rising in client-wealth manager communication

Nearly 40 per cent of Millennials in the Asia-Pacific region were contacting their wealth managers via a chat application such as WhatsApp and WeChat ...

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Volatility causes analyst confidence plunge

Volatility in global politics, increasing input costs and rising funding prices are causing one of the largest drops in wealth managerial confidence ...

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Global payment network launched

IBM has launched a real-time global payments network for regulated financial institutions called Blockchain World Wire, designed to ease friction in ...

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CBA could retain wealth business: Morningstar

A longer-term rethink of the merits behind the Commonwealth Bank’s demerger of its wealth management business could see it retained under the major ...

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ASIC given extra powers under new proposal

The corporate regulator will have more powers to hold financial services industries to account for misconduct under a new government proposal

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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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