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21 August 2017 • By • 1 min read

Perpetual LIC posts $31.8 million profit

Perpetual Equity Investment Company has posted a strong net profit after tax for 2016-17, up 318 per cent on last year’s $7.6 million profit. The ...

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Australian Ethical expands distribution team

Australian Ethical has created two new distribution roles, manager of adviser relationships and manager of partner relationships. Australian ...

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Liquidnet hires new Australia head

Global institutional trading network Liquidnet has replaced former head of Australia Tristan Baldwin with Murrough O’Brien. Murrough O’Brien makes ...

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Fund managers the ‘losers’ in MDA growth

The increased adoption of managed accounts will inevitably put investment managers and stock brokers under pressure, says the Institute of Managed ...

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Beware ‘complacency and overconfidence’

The nuclear rhetoric of past weeks and the subsequent return of volatility to markets ought to shake investors out of their complacency, says ...

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ISA accuses banks of dodging FOFA

The industry super lobby has accused the major banks of attempting to evade the FOFA regulation within their superannuation products. Industry ...

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Banks must carry the torch on robo-advice: Tria

With financial advisers either too slow or reluctant to adopt robo-advice solutions, it will be up to the banking sector to provide low-cost options ...

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Super funds tread water in July

The median growth superannuation option provided no return to members in July, largely as a result of flat domestic equity markets and an appreciating ...

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Bank behaviour warrants royal commission: Ripoll

There is simply “too much evidence” that a royal commission into the Australian banking sector is required, says former Labor federal politician ...

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PM Capital fund added to Netwealth platform

The PM Capital Australian Companies Fund has been added to Netwealth’s investment platform. Australian equities manager PM Capital has reached an ...

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