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29 July 2014 • By James Mitchell • 1 min read

NAB reduces UK property exposure

National Australia Bank will sell off part of its UK commercial real estate portfolio, as its incoming group CEO seeks to move focus away from ...

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Ratings house upgrades AMP Capital fund

SQM Research has upgraded the AMP Capital Global Property Securities Fund, several months after the ratings house downgraded the fund amid a raft of ...

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AFM portal seeks to challenge mFund

Hedge fund research provider Australian Fund Monitors has “thrown down the gauntlet” to the ASX’s mFund service with the launch of a new portal for ...

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WAM Capital profits up 50 per cent

Wilson Asset Management’s listed investment company, WAM Capital, has generated an after-tax profit of $68.3 million following the strong performance ...

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PIS compliance monitoring program concludes

Centrepoint Alliance-owned financial planning group Professional Investment Services has survived a nine-month compliance and advice monitoring ...

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ASIC review prompts ASX changes

The Australian Securities Exchange (ASX) Group will make a number of changes to its operations, including compliance and settlement procedure, ...

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SMSF specialists expect revenue growth

Professionals in the self-managed super fund sector anticipate their businesses will grow by more than 10 per cent over the next three years, a report ...

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Federal Court rules in default fund stoush

The Financial Services Council’s argument that the Fair Work Commission (FWC) 'expert panel' is currently invalid has been upheld, but the Federal ...

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Macquarie lacking 'competitive advantage'

The nature of Macquarie's products and its relationship with its clients are failing to provide the bank with any “sustainable competitive ...

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Legg Mason acquires global equities firm

Global asset manager Legg Mason has announced the acquisition of UK-based global equities firm Martin Currie. Legg Mason said Martin Currie will ...

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