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17 January 2017 • By • 1 min read

Pershing Securities fined over AOP failings

Financial services firm Pershing Securities has paid a $40,000 infringement notice issued by the Markets Disciplinary Panel over failings regarding ...

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New head of retail banking at ING Direct

Former Westpac executive Melanie Evans has been appointed to the newly created role of head of retail banking at ING Direct, the company has announced

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Hunter Hall LIC names new director

Listed investment company Hunter Hall Global Value has named David Groves as the business’ new board director, effective immediately. Mr Groves ...

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Super changes encouraging SMSF conservatism

Changes to the superannuation system outlined in the 2016 federal budget may have led SMSF trustees to adopt a more conservative approach to trading, ...

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Australia’s banking sector outlook downgraded

Fitch Ratings has downgraded its sector outlook for Australian banking from stable to negative, due to a rise in macroeconomic risks and pressure on ...

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Washington H. Soul Pattinson not a ‘corporate raider’

Diversified investment house Washington H. Soul Pattinson has said its discounted take-over bid for Hunter Hall is intended to stabilise the company’s ...

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Consensus growth forecasts too cautious: BlackRock

The market consensus on economic growth for 2017 doesn’t reflect the “upbeat” data, according to investment manager BlackRock. The company’s ...

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Technology increases infrastructure obsolescence risk

Infrastructure assets are at risk of becoming technologically obsolete before the end of their anticipated lifespan due to rapidly evolving ...

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Chinese renminbi tipped for devaluation

Investors should reconsider their exposure to the Chinese renminbi as market conditions put it at risk of further devaluation, Pimco has said

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AMP Capital platform raises $2.4bn

The new global infrastructure platform launched by AMP Capital raised US$2.4 billion by its final close on 29 December 2016. The platform includes ...

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