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11 August 2017 • By Jessica Yun • 1 min read

Smart beta is the new benchmark, says SSGA

Active managers will have to prove they can consistently beat smart beta strategies to justify their fees, argues State Street Global Advisors

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Profit-based incentives hurt compliance: report

Financial services professionals are less likely to comply with risk policies if they are motivated by profit, according to new research by Macquarie ...

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Nikko AM appoints global equity manager

Nikko Asset Management has appointed Jeremy Hall as an investment director within the firm’s global equity team. Mr Hall, who will be based in ...

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ANZ pays $10.5m to OnePath clients

ANZ has paid a total of $10.5 million in compensation to 160,000 OnePath superannuation customers who were affected by compliance breaches. The ...

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VicSuper appoints employer director

The board of industry super fund VicSuper has appointed Gabrielle Bell as its new employer director. Gabrielle Bell will join the board of VicSuper ...

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CBA in damage control on AUSTRAC allegations

Commonwealth Bank chief executive Ian Narev has defended the actions taken by the bank when it first discovered compliance failures related to its ...

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‘High interest’ in CommInsure sale: Narev

The Commonwealth Bank looks set to exit the manufacturing of life insurance in a move that would free up a substantial amount of regulatory ...

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Finalists for Women in Finance 2017 announced 

Some of the financial services industry’s leading executives and professionals have been named as finalists in the Women in Finance Awards 2017

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Magellan launches IPO for new investment trust

Global equities manager Magellan has announced plans to undertake an IPO for a new ASX-listed investment trust called the Magellan Global Trust

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Hub24 strikes new white-label deal

Hub24 has entered into a white-label agreement with accounting and advice licensee Accountable Wealth Management. Accountable Wealth Management’s ...

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