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13 December 2016 • By Tim Stewart • 1 min read

Purpose beats self-interest, finds study

Investment professionals who are driven by a sense of purpose are more likely to help clients reach their financial goals, according to new research

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Trump unlikely to trigger emerging market crisis

Emerging market economies are not headed for a short-term crisis despite the protectionist rhetoric of US President-elect Donald Trump, ...

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Watermark IPO closes at $90m

Watermark Funds Management has closed the IPO of its market-neutral Global Leaders Fund at $90 million. The Watermark Global Leaders Fund (WGF) is ...

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Banks must close the 'trust gap', says Westpac

Australian banks need to refrain from using “negative and often self-serving rhetoric” in order to rebuild the community’s trust in the system, ...

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Australian mortgage arrears up 25%: S&P

S&P Global Ratings has found prime home loan arrears for the third quarter of 2016 were 25 per cent higher than the same quarter last year, owing ...

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Position for lower Aussie dollar: AMP Capital

An end to commodity price gains, a likely US interest rate hike in December and the risk of another RBA rate cut all point to a dip in the Australian ...

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ECB to reduce bond-buying program

The European Central Bank has announced a tapering of its quantitative easing program, coming into effect in April 2017. At last week’s meeting, ...

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Pressure mounting on bank assets: Moody’s

The asset quality of the big four banks is likely to come under pressure from “multiple headwinds” in 2017, says Moody’s Investors Service

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Mining services sector overvalued: Morningstar

Market valuations for the Australian mining services sector are on average 34 per cent too high, according to Morningstar. The research house says ...

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Monash University issues $218m climate bond

The Clean Energy Finance Corporation has made a $20 million investment in a $218 million climate bond issued by Monash University. The Monash ...

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