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05 November 2014 • By • 1 min read

AMG acquires majority stake in Veritas AM

Global asset management company Affiliated Managers Group (AMG) has completed its investment in Veritas Asset Management. Veritas is an independent ...

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Pimco appoints CIO for 'non-traditional' strategies

Pimco has appointed a new global chief investment officer for 'non-traditional' strategies. Marc Seidner joins Pimco from his previous role as head ...

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TAL restructures super board

Three independent directors have been appointed to the board of TAL Superannuation Limited (TASL). Peter Lewinsky has been appointed as independent ...

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ASX creates US data hub

The Australian Securities Exchange has established a direct connection hub in North America. The 'point of presence' hub will be based in Aurora, ...

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Millennials’ risk attitudes reflect older generations

New research from FinaMetrica shows younger people have a similar risk tolerance to Generation X – but are significantly more open to risk than baby ...

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RBA announces cash rate decision

The Reserve Bank of Australia has announced the outcome of its monthly board meeting on the official cash rate. The RBA has once again voted to ...

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Member growth going backwards: SuperRatings

With superannuation member growth in negative territory, funds are under pressure to develop their pension products, says SuperRatings. In its ...

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BT profit up 16 per cent

BT Financial Group (BTFG) has posted a net profit of $895 million for the year ending 30 September 2014, up from $773 million the previous year

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AAT backs Astarra fund manager ban

An investment manager implicated in the Trio Capital fraud has failed to have an ASIC banning order overturned by the Administrative Appeals Tribunal

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Bloomberg completes AusBond transition

Global index provider Bloomberg Indexes has assumed full management of the AusBond index from UBS Australia. Bloomberg announced its acquisition of ...

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