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18 August 2014 • By • 1 min read

Litigators slam Macquarie remediation

Macquarie Bank has escalated its compensation process for aggrieved former financial planning clients, but law firm Maurice Blackburn has criticised ...

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APRA waits for FSI on conglomerate supervision

APRA has decided to delay the implementation of framework for the supervision of conglomerate groups until the government responds to recommendations ...

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ANZ posts $5bn nine-month profit

Strong Asian growth and momentum in New Zealand has seen ANZ generate a $5 billion unaudited net profit despite highly competitive asset pricing in ...

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FTSE China indices AUM exceed $20bn

Global index provider FTSE Group has announced that exchange-traded fund assets under management (AUM) tracking FTSE China indices has reached over ...

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Equity Trustees CIO departs

Equity Trustees chief investment officer George Boubouras will leave the company following a review of its strategic approach. Equity Trustees head ...

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QV Equities raises $180m for LIC

Investors Mutual has raised over $180 million for its recently launched QV Equities listed investment company (LIC). The QV Equities LIC was ...

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Big four satisfaction levels rise

The satisfaction level of the business customers of the four major banks has reached 66.7 per cent, the highest level since 2010, according to ...

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Reducing super costs a ‘trade-off’ says Tria

Reducing the cost structure of the super system will mean sacrificing its ability to invest in infrastructure and make “urgent recapitalisations”, ...

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Vanguard warns SMSFs on portfolio risk

The median SMSF portfolio carries about twice as much risk as the typical institutional growth fund, according to research by Vanguard Investments

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BT fund manager takes stake in Morphic AM

BT Financial Group subsidiary Ascalon Capital Manager has acquired a minority stake in global equity fund manager Morphic Asset Management

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