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16 October 2018 • By Eliot Hastie • 1 min read

Fees are destroying investor wealth

New research has found the consequences that fees can have on an investment and how higher fees do not necessarily correlate with performance

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Insight fund added to Macquarie platform

A new fund based on a long-running strategy from asset manager Insight Investment has been added to the Macquarie Wrap platform. Insight said its ...

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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 ...

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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 ...

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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 ...

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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

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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 ...

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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 ...

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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

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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 ...

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