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04 July 2017 • By Reporter • 1 min read

RBA keeps rates on hold in July

The Reserve Bank of Australia (RBA) has kept the official cash rate on hold at 1.5 per cent. The RBA's decision to keep the official cash rate on ...

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CFS FirstChoice adds Legg Mason fund

The Legg Mason Martin Currie Real Income Strategy fund has been added to the Colonial First State FirstChoice platform. Launched in 2010, the Legg ...

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DomaCom signs crowdfunded property agreement

DomaCom has signed a deal with a property developer to launch a residential community land project in regional Victoria. The deal with Akuna ...

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Time to ‘rein in’ risk, investors warned

The “reflation narrative” that has gripped markets since the election of Donald Trump appears to have little basis in reality, says US fund manager ...

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Room for growth left in LIC market: AFIC

The rapid increase in listed investment company (LIC) listings on the ASX could continue, albeit with specialist companies targeting niche sectors of ...

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Bank culture warrants further investigation, Senate hears

A Senate committee has said further investigation is needed into a “powerful driver of frontline behaviour” by bank staff that harmed employees and ...

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Big four bank satisfaction well behind mutuals

Smaller banks continue to be significantly ahead of the big four banks when it comes to overall customer satisfaction, according to Roy Morgan

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Pengana enters deal with UK asset manager

Pengana Capital Group has engaged in a strategic agreement with a UK-based investment manager to manage one of its funds. The agreement with WHEB ...

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Real return funds gaining traction: Perpetual

Real return assets under management have more than quadrupled in the past five years to $10 billion, says Perpetual. Real return strategies are ...

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Powerwrap raises $19m, targets late 2017 IPO

Boutique platform provider Powerwrap has raised $19.4 million in an oversubscribed capital raising as it prepares to list on the ASX. Powerwrap has ...

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