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10 May 2016 • By Tim Stewart • 1 min read

Don't ignore ESG, fund managers warned

Asset managers will find themselves left out in the cold by institutional investors if they fail to take environmental, social and governance (ESG) ...

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ASIC levy set to jump by 150%

Treasury has released its proposed levies for ASIC and APRA for the 2016-17 financial year, with the levy for the corporate regulator set to increase ...

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CBA posts $2.3bn profit for third quarter

The Commonwealth Bank of Australia has reported an unaudited cash profit of $2.3 billion for the three months to 31 March 2016. In a 2015-16 third ...

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Tech-savvy customers favouring regional banks

The major Australian banks are falling behind the smaller and regional banks when it comes to capturing early adopters of technology, according to a ...

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Mercer acquires online compliance firm

Superannuation consultant Mercer has acquired ExtraTextual, an online e-compliance and risk management company. A Mercer statement said the ...

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Get used to low returns, investors warned

Investors are likely to be disappointed if they are counting on 7 per cent returns from equities over the next decade, says Standard Life Investments' ...

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Macquarie Group full-year profit up 29%

Macquarie Group has announced a full-year net profit after tax of $2.063 billion for the 12 months to 31 March 2016, up 29 per cent on the previous ...

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Aussie investors leery of technology

Australian investors are among the world's least willing to take up new investment technology, according to new research conducted by Legg Mason

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Investment bonds gaining favour post-budget

With superannuation losing some of its lustre for high-net-wealth investors in the wake of last week's federal budget, alternative strategies such as ...

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QIC to purchase agricultural asset

Queensland-based investment manager QIC has acquired an 80 per cent interest in the North Australian Pastoral Company. Under the agreement signed ...

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