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24 May 2018 • By Tim Stewart • 1 min read

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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CIPRs are ‘actuarial fraud’, says Sunsuper

The government's retirement income framework will impose high costs on super funds to develop products their members don't want, says Sunsuper's ...

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IOOF facing new class action threat

The Federal Court has ordered IOOF to disclose documents relating to allegations of insider trading and front-running in 2015, paving the way for a ...

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‘A lot has changed’ in emerging markets: UBS

Emerging markets can provide Australian investors with exposure to millions of ‘unbanked’ consumers along with technology giants like Tencent and ...

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