Powered by MOMENTUM MEDIA
investor daily logo

News

markets

16 October 2018 • By Reporter • 1 min read

ETF market outpaces listed investment companies

The Australian ETF industry continued its strong growth trajectory, reaching a record high of $42.29 billion in FUM in September, according to ...

READ MORE
icon

ANZ CEO exposes weak arguments of banking inquiry

Shayne Elliott’s appearance before a parliamentary inquiry revealed the difficulties of balancing a profit-making enterprise while motivating staff ...

READ MORE
icon

IOOF expands managed account offering

A new capability has been added to IOOF’s managed account offering to include multi-asset models that combine direct equities with managed funds on ...

READ MORE
icon

Royal commission exposed cultural failings: Assistant Treasurer

The Assistant Treasurer Stuart Robert MP said that the royal commission has exposed failings in the industries culture and it was now time to rebuild

READ MORE
icon

Major bank accused of ‘window dressing’ bonus culture

A major bank boss has faced the firing line of a parliamentary committee where he was asked to explain why branch staff are still required to meet ...

READ MORE
icon

No-one surprised by US sell-off: Fidelity

The largest US stock market fall in eight months has likely caught no-one by surprise and is instead evidence of its resilience, according to fund ...

READ MORE
icon

Comyn concedes ‘success dulled senses’ at CBA

Commonwealth Bank boss Matt Comyn has acknowledged that the bank was driven by greed and plagued by complacency in light of widespread misconduct

READ MORE
icon

Avoiding conflict of interest is unrealistic: AFA

Financial advisers can’t avoid conflicts of interest but they can put in systems to best manage them, according to the Association of Financial ...

READ MORE
icon

Perpetual raises over $100m for portfolio expansion

Perpetual Equity Investment Company has raised over $100 million in capital raising with approximately 2,000 new shareholders registering

READ MORE
icon

Banks to overhaul wealth units amid RC revelations

The Australian Banking Association is changing its code of practice to immediately fix two matters that were brought up by the Hayne commission ...

READ MORE