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15 September 2017 • By Reporter • 1 min read

AFIC boss to step down in December

The Australian Foundation Investment Company has announced the departure of chief executive Ross Barker, as well as the identity of his successor

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Robotics-themed ETF launched on ASX

ETF Securities Australia has launched a product that focuses on global robotics, artificial intelligence and automation companies. The ETF ...

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Recession unlikely, but vulnerabilities exist

Australia is unlikely to experience a recession in the near future, but certain “vulnerabilities or excesses” in the economy should be addressed to ...

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Chris Cuffe to join Class board

Former Colonial First State chief executive Chris Cuffe has been nominated for election by SMSF software provider Class as an independent ...

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Morningstar places AMP Capital funds on 'review'

AMP Capital's Australian equities function has been put "under review" by Morningstar pending the completion of an internal review by AMP Capital

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Global banks turn inwards, says McKinsey

Financial institutions have embarked on a “broad-based retreat” from cross-border activities in the decade since the global financial crisis, ...

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BEAR regime ‘strengthens’ APRA: chairman

The objectives of the federal government’s Banking Executive Accountability Regime reforms are in line with APRA’s mandate, says the chairman of the ...

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ETF market FUM hits $30.9bn ‘record high’

Funds under management in the Australian exchange-traded funds market hit a “fresh record high” of $30.9 billion in the month ending 31 August, ...

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‘Annuity-style businesses' drive Macquarie outlook

Morningstar analysts have tipped strong performance for Macquarie off the back of  “annuity-style businesses” in funds management, banking and asset ...

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SSGA divests tobacco, weapons shares

State Street Global Advisors has announced its divestment of tobacco and controversial weapons shares in its State Street Global Index Plus Trust

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