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regulation

18 June 2015 • By • 1 min read

Macquarie Wrap errors were 'self-reported'

ASIC only became aware of system errors affecting Macquarie Wrap users after the bank brought the matter to the regulator's attention, says Macquarie

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Aussie equity managers outperform in May

The median Australian share fund manager recorded a 0.7 per cent return, outperforming the index return of 0.4 per cent over the month of May, says ...

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Prime Value hires head of distribution

Australian equities manager Prime Value Asset Management has appointed a new head of retail distribution. David Glascott – who has held positions ...

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Super funds to record sixth year of gains

Australian super funds are poised to record their sixth straight year of gains, with the return over the 11 months of the financial year to date ...

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Equity analyst joins 4 Corners Infrastructure

Infrastructure investment manager 4 Corners Infrastructure has appointed a senior equity analyst in an effort to enhance its research capabilities

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Macquarie to refund $5.5 million to clients

Macquarie Investment Management will refund more than $5.5 million to around 2,300 clients following an investigation prompted by ASIC. Acting as ...

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Labor to block age pension changes

The Labor Party has announced it will not support the government's proposed changes to the age pension, which were set to save $2.4 billion in the ...

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Australian mining sector set to bounce back

Following the significant fall in both revenue and exports in 2014 and 2015, Australia’s mining sector is poised to recover in 2015 and 2016, says ...

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BT fined for misleading super statements

Updated: BT Group has paid $20,400 in penalties after ASIC found the firm made misleading claims about its super performance in its Google ...

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ECB unruffled by rise in bond yields: AB

The European Central Bank has reacted surprisingly calmly as eurozone bond yields have soared in recent weeks, says AllianceBernstein (AB)

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