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19 March 2019 • By Eliot Hastie • 1 min read

Industry rallies to boost diversity

Future IM/Pact has signed on two new partners in an effort to attract more diverse talent into investment management.  Challenger Limited and ...

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ETFs achieve highest monthly growth

The Australian ETF sector has reached its highest monthly funds under management (FUM) increase of $2.3 billion, surpassing the previous peak of $2 ...

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AMP wealth earnings predicted to plunge

Earnings for AMP Wealth are forecasted to more than halve during the next two years, plummeting from $363 million in FY18 to an estimated $161 million ...

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NAB responds to Hayne recommendations

The National Australia Bank has supported all 72 recommendations in the Hayne final report and has already completed or was in the process of ...

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Premium China Funds lessens management fees

Premium China Funds Management has moved to reduce the management fees applying to its Premium Asia Fund, along with removing its performance fee from ...

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Perpetual responds to price hike

Perpetual has responded to a query from the ASX regarding its price after a stellar week for the investment and trustee group.  Since Monday, ...

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Consumers flock to ING post-RC

ING in Australia has generated a profit of $401 million for the 2018 year, up 15 per cent from 2017, as the business saw its banking customer base ...

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Financial services employees more stressed than average Australians

New research conducted shortly after the royal commission was announced has found that financial services workers were more stressed and less engaged ...

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Managed accounts FUM held firm amid volatility

Funds under management in managed accounts held its ground in the second half of 2018 with strong net inflow offsetting December quarter market ...

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CBA suspends exit from mortgage broking business

The Commonwealth Bank has provided an update on its business plans and has said it is has paused the exit of its wealth management and mortgage ...

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