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01 July 2014 • By Tim Stewart • 1 min read

Senate inquiry could cost CBA $250m

A Royal Commission into Commonwealth Financial Planning could leave the CBA facing a compensation bill of as much as $250 million, representing a ...

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Traditional risk systems 'inadequate'

Investment managers need to reconsider their approach to scenario analysis, with traditional methods failing to adequately identify tail risks, ...

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M&A activity hits US$70bn for first half

Overall merger and acquisition activity in Australia has so far reached US$69.5 billion this year, with deal value doubling from the first half of ...

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Infocus subsumes Patron Financial Services

Mid-tier dealer groups Infocus Wealth Management and Patron Financial Services have announced their intention to merge in late July. The merged ...

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CommSec bullish on the year ahead

The 2014/2015 financial year will bring similar economic growth to the past 12 months, with unemployment and inflation likely to remain at similar ...

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I'm not afraid of the banks: Medcraft

ASIC chairman Greg Medcraft has declared he is "not afraid to take on any big institution" in the wake of a damning Senate committee report into the ...

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Aussie asset managers on acquisition trail

Over half of all Australian asset managers believe there will be increased prospects for strategic acquisitions in the next 12 months, a recent report ...

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Don't delay CBA compensation reviews: lawyer

A Royal Commission is a “welcome” development in the Commonwealth Financial Planning case, but compensation reviews for clients needs to be immediate, ...

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Further Trio-linked investment manager jailed

A former investment manager who was associated with the Trio Capital-linked ARP Growth Fund has been sentenced to 25 months in jail. Tony Maher – ...

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Laminar defends fixed income strategies

Fixed interest firm Laminar Group has questioned a recent Morningstar report that warned investors to exercise caution on fixed income strategies

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