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28 June 2018 • By Tim Stewart • 1 min read

ASIC calls out opaque proxy advisers

The corporate regulator has urged proxy advisers to be more transparent in their dealings with companies and investors – particularly when it comes to ...

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Natixis IM acquires European credit specialist

Natixis Investment Managers has acquired London-headquartered private credit firm MV Credit, giving investors access to private debt, private equity, ...

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Tempo Asset Management closes its doors

Quantitative global equities boutique Tempo Asset Management will return money to investors after it failed to “reach sufficient scale”

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Pimco's Allianz Retire+ appoints Bernie Ripoll

New retirement incomes business Allianz Retire+, which is co-branded with Pimco, has announced the appointment of former MP Bernie Ripoll as a ...

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Global investor confidence falls again in June

The month of June saw investors’ risk appetites around the world drop even further, continuing the negative trend that began in May, according to ...

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AMP Financial Planning taken to court

ASIC has taken action in the Federal Court against AMP Financial Planning for alleged failures to ensure advisers complied with the best interests ...

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‘Ugly duckling’ CFS could reward shareholders

CBA’s spin-off wealth management and mortgage broking businesses, CFS Group, will likely bode well for both the major bank as well as for ...

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KPMG warns on budget group insurance plan

A government proposal to make insurance inside super opt-in for certain member cohorts will push up premiums and adversely impact some funds, says ...

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YBR sells wealth management unit

Yellow Brick Road has entered an agreement with advice firm INPRO to sell YBR Investment Services’ client book. In a statement on the ASX, Yellow ...

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Former IOOF CEO joins LGIAsuper board

Former Legg Mason senior executive and IOOF chief executive Ronald Dewhurst has joined LGIAsuper as a board director. In a statement, ...

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