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Man Group appoints head of responsible investment

21 June 2017 • By • 1 min read

Man Group appoints head of responsible investment

London-headquartered hedge fund Man Group has announced the appointment of a head of responsible investment. Steven Desmyter has been appointed as ...

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MSCI adds China A shares to index

MSCI has announced that it will include selected domestic Chinese shares on its Emerging Markets Index and ACWI Index. The decision to include ...

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Moody’s downgrades banks’ credit ratings

Ratings agency Moody’s has downgraded its credit ratings of 12 Australian banks, citing “elevated risks in the household sector”. In its downgrade ...

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Asset managers must be more ‘resilient’: ASIC

ASIC chairman Greg Medcraft has warned fund managers about “structural vulnerabilities” in the sector that could present “financial stability risks”

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New managed fund exchange launched

Fintech firm and managed account services provider MA Operator has created a managed fund exchange platform to expand its business offering

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RBA governor upbeat on economy

The Australian economy will experience stronger growth over the coming years, says RBA governor Philip Lowe – but house prices, rising debt levels and ...

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‘Licensees of last resort’ under scrutiny

ASIC is investigating a number of financial planning dealer groups that advisers perceive as “licensees of last resort” as part of its crackdown on ...

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Bank levy must be reviewed, says Senate

A Senate report released yesterday has recommended the government’s bank levy be reviewed after two years to asses its efficacy and its effect on ...

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Sequoia to purchase InterPrac FP

ASX-listed wealth manager Sequoia Financial Group will acquire financial planning outfit InterPrac for $12.83 million. According to a statement to ...

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Grant Samuel CEO becomes executive chair

Grant Samuel Funds Management has appointed a new chief executive to replace Andrew McKinnon, who has been named executive chair of the board

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