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25 May 2018 • By Reporter • 1 min read

Macquarie stockpickers launch breakaway boutique

A number of former Australian equities managers at Macquarie will lead a new boutique under the Pinnacle banner. Former Macquarie head of equities ...

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Platinum's Neilson backs urbanisation theme

As the rate of urbanisation rises in emerging market countries, so too will the demand for commodities such as metal, copper and energy, says Platinum ...

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Westpac dodges rate rigging charges

The Federal Court has determined ASIC failed to prove Westpac manipulated the bank bill swap rate, but the judge found the bank engaged in ...

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Financial Synergy founder defends CIPRs

Comprehensive income products for retirement, or 'CIPRs', will be one part of Australia's retirement income system and are far from being "actuarial ...

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Boards in the dark about third-party risks: EY

Critical risks about third party service providers are not being reported to the boards of financial services companies, according to EY

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CBA sells stake in Chinese insurer

The Commonwealth Bank has agreed to sell its 37.5 per cent stake in Chinese insurer BoComm Life Insurance to a Japanese firm. CBA will sell its ...

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Gryphon Capital raises $175m for LIC

Boutique fund manager Gryphon Capital Investments has raised $175 million to list its fixed income fund on the ASX. In a statement, Gryphon Capital ...

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BlackRock takes aim at active ETFs

There is little to recommend the practice of housing actively managed funds within an ETF structure, argues BlackRock. Speaking in Sydney on ...

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RC focus on public ‘expectations’ questioned

KPMG partner and former AWU national secretary Paul Howes has questioned the royal commission's fixation on ‘community expectations’

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Time to revisit AMP, says Morgan Stanley

The 30 per cent slump in AMP shares since the resignation of chief executive Craig Meller on 26 March “seems overdone”, according to Morgan Stanley ...

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