The typical Australian retail investment portfolio is highly correlated to bank risk and would suffer catastrophic losses in the event of another financial crisis, says Jamieson Coote Bonds.
ANZ has entered an agreement with Shinhan Bank Vietnam to sell its Vietnamese retail business.
A French departure from the European Union following the upcoming presidential election would not be analogous with Brexit, says Natixis Asset Management.
The Australian Bankers’ Association has amended the wording of one of the six initiatives being implemented to rebuild confidence in the banking sector, according to independent reviewer Ian McPhee.
Global fund manager IFM Investors has announced a partnership with Korea-based Samsung Asset Management to create a US$480 million global infrastructure debt fund.
Synchron selects new state manager
Fitzpatricks names new Melbourne advisers
Former AMP manager joins Evermore
Australia must embrace open APIs
French elections have Europe spooked
Making the argument for alpha