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06 November 2018 • By James Mitchell • 1 min read

‘Farcical’: Fund manager slams AMP deal

A boutique fund manager has hit out at AMP, claiming the wealth group misrepresented its latest deal with Resolution Life. In a 1 November letter ...

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Investec launches emerging companies fund

The global investment bank has launched a new fund to give investors dedicated access to the burgeoning emerging companies sector. Investec ...

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AFA applies to become Code Monitoring Body

The Association of Financial Advisers has submitted an expression of interest to ASIC to become a code monitoring body for the industry

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Chairman of APRA reappointed

Treasurer Josh Frydenberg has announced that Wayne Byres will remain on as chair of APRA. Mr Byres, who has been the chairman of APRA since July ...

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AFSL holder slapped with $9m fine

A Melbourne-based financial services business has been ordered by the court to pay close to $9 million in penalties and has been permanently banned ...

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MLC sale ‘complicated and messy’

NAB says all options are still on the table for the sale of its wealth business after rival CBA secured a buyer for Colonial First State Global Asset ...

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AMP Capital acquires additional infrastructure stake

AMP Capital has agreed to acquire an additional stake in a major infrastructure program on behalf of its infrastructure fund investors. The ...

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Macquarie Group to report another full-year profit amid acquisition speculation

The Macquarie Group has announced it is on track to report another full-year profit in its final year under the helm of Nicholas Moore. In its ...

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Volatility sees ETF investors bolster their positions: Vanguard

The Australian ETF market attracted $1.8 billion in new cash flows in the third quarter of 2018, the highest quarterly cash flows for the year to ...

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IOOF business snapped up for $50m

A financial technology and infrastructure company has announced plans to acquire an Australian corporate trust business for $51.6 million. Sargon ...

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