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24 December 2013 • By Tim Stewart • 1 min read

2013 strong for wraps, platforms and masterfunds

The Australian investment platform, wrap and masterfund markets have reported a $91.6 billion increase in funds under management in 2013, according to ...

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Former director jailed for dishonest conduct

A former director and unlicensed currency trader has been jailed for three years after he embezzled and later lost $12 million of his clients’ money

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Govt moves to scale back FOFA

The government has announced its plans to amend FOFA, including the removal of the ‘catch all’ provision in the best interests duty, the removal of ...

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Murray Inquiry terms finalised, panel appointed

Treasurer Joe Hockey has announced the final terms of reference for the Financial System Inquiry, as well as the appointment of four members who will ...

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US equities to struggle in 2014: Minack

The US stock market will see "disappointing" earnings growth over the coming year, according to Minack Advisers principal Gerard Minack

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Affiliated Managers Group to acquire SouthernSun

Global asset management company Affiliated Managers Group (AMG) has entered into a definitive agreement to acquire a majority equity interest in ...

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US Fed begins to taper

The US Federal Reserve has begun to ‘taper’ its third round of quantitative easing, cutting back its asset purchasing program by US$10 billion a month

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RBA must remain 'accommodative': Pimco

With 2014 shaping up as a critical year for the Australian economy, the Reserve Bank will need to keep monetary policy accommodative, according to ...

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Countplus offloads Perth firm

Countplus has entered into an agreement to sell Perth-based Lawrence Business Management (LBM) and its subsidiaries. The business will be sold to a ...

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RFM funds set to merge and list on ASX

Investors in three agricultural property funds managed by Rural Funds Management have voted in favour of a ‘revaluation’ proposal, despite opposition ...

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