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28 June 2022 • By Jon Bragg • 1 min read

ASIC wins appeal against short-term lenders

The firms had claimed they did not require an Australian credit licence. The Full Federal Court has reversed a previous ruling which found that the ...

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bfinance appoints to new business development director role

The independent investment consultancy has made a new senior hire. bfinance has announced the appointment of Sebastian Mays to the newly created ...

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Janus Henderson hires emerging market debt team

The team has been poached from one of the largest asset managers in the Nordic region. Janus Henderson has announced an expansion to its fixed ...

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‘Less wealthy clients are undervalued and underinvested’, report finds

These client segments are estimated to represent a potential $332 billion revenue pool worldwide. Wealth managers may be leaving money on the table ...

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Suncorp confirms ‘review’ of banking operations

The group has confirmed that it is currently reviewing “strategic alternatives” for its banking operations, following media reports that it is ...

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Dye & Durham lowers takeover bid for Link

Due to competition concerns and the current state of financial markets, Canada’s Dye & Durham has now proposed a lower offer price

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Magellan completes Guzman y Gomez sale

The fund manager has offloaded its 11.6 per cent stake in the Mexican fast food chain. Magellan Financial Group has completed the sale of its 11.6 ...

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ANZ-issued stablecoin used to purchase tokenised carbon credits

The A$DC stablecoin was used to buy BCAU carbon tokens from Zerocap in a ‘milestone’ transaction. A$DC, the ANZ-issued stablecoin pegged to the ...

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Aussie financial assets down 3.6%

Superannuation is the asset class with the biggest loss to date in 2022. The average Australian’s financial assets have contracted 3.6 per cent ...

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Investment industry subject to additional ESG scrutiny on the road to COP27

The next UN Climate Change Conference is due to be held in Egypt in November. The investment industry is expected to face further scrutiny ...

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