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30 May 2017 • By Reporter • 1 min read

Hub24 hits $5 billion FUA mark

Boutique platform provider Hub24 has reached $5 billion in funds under administration, largely driven by flows from financial advisers. In a ...

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‘Execution risk’ a problem for AMP: Citi

Some of the assumptions in AMP's new strategy seem “too good to be true”, but plans to raise more revenue from advice and SMSFs are “sensible”, says ...

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Westpac sells down stake in BTIM

Westpac has reduced its shareholding in BT Investment Management from 29 per cent to 10 per cent following a successful placement to institutional ...

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Government lowers Future Fund mandate

The federal government has lowered the Future Fund’s long-term target return by 50 basis points, reflecting “changed global investment market ...

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Qualitas launches $500m real estate fund

A new real estate debt fund is looking to capitalise on the pull-back in bank lending to residential and commercial development projects

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FinTech Australia award winners announced

The winners of FinTech Australia’s inaugural ‘Finnies’ have been revealed at a ceremony in Sydney. AgriDigital chief executive and co-founder Emma ...

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Moody’s downgrades China’s credit rating

China’s credit rating has been lowered by Moody’s Investors Service amid concerns about rising debt and a slowdown in economic growth

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ASX in the ‘sweet spot’ for foreign IPOs

The past two years have seen a spike in the number of foreign companies looking to list on the ASX, with 263 foreign companies now on the exchange

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US investor on hunt for Australian talent

New York-headquartered Focus Financial Partners will establish a full-time Australian presence and is seeking to recruit executives with knowledge of ...

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Industry bodies join forces against EDR scheme

A number of membership associations from across the financial services spectrum have combined efforts to oppose the government’s single dispute ...

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