CFM unveils long-term trend-following trust


Capital Fund Management (CFM) has launched a diversified and long-term trend-following trust, the CFM IS Trends Trust, with the alternative investment strategies firm saying demand was soaring for that type of produc.. Read More

Institutions approaching independent platforms


A wave of institutional interest is sweeping through the independent platform sector, with discussions centring on the use of non-aligned offerings to open up approved product lists (APL). Netwealth executive di.. Read More

AMP announces extensive changes


AMP will combine two of its senior leadership teams as part of sweeping changes aimed at creating recurring cost savings of $200 million and assisting the financial services giant to adapt to changing customer needs... Read More

CBA wealth division posts $60m profit jump


Commonwealth Bank of Australia’s (CBA) wealth management operations have recorded a close to $60 million increase in cash net profit after tax for the year to 30 June 2013. The wealth management division t.. Read More

IMR criteria under cloud


The eligibility criteria for the federal government’s investment manager regime (IMR) need to be reassessed if the process is to allow more foreign funds to satisfy its ‘closely held’ test, accordin.. Read More

Certitude continues to monitor costs


Certitude Global Investments intends to keep a close eye on expenses after its net income from operating activities fell by nearly 30 per cent in the year ended 30 June 2013. The financial details of the HFA Hol.. Read More

ANZ unveils SIV product


ANZ Private today released its Significant Investor Visa (SIV) product, an offering the banking group plans to use as a springboard to provide additional specialist services in the Asia-Pacific region. ANZ Globa.. Read More

Confidence in global investing strengthens


The number of leading investors planning to increase their exposure to overseas assets has risen, according to the Certitude Global Investing Intentions Index (CGIII) for July. The index, which tracks the net de.. Read More

Further ETF investor education essential


Australian investors looking to use exchange-traded funds (ETF) still have concerns over their liquidity and counterparty risk, according to ETF Securities. Liquidity was one of investors’ biggest concerns.. Read More

ASIC could face inquiry more than once


ASIC could be called several times to appear before a Senate inquiry into its performance and handling of actions by former Commonwealth Financial Planning (Commonwealth FP) financial adviser Don Nguyen, a National P.. Read More

Researchers screen out Aust equity funds


Research houses concentrating on Australian equity managers have revealed a high number of funds are being screened out, however, the result is not purely due to poor manager skill. Zenith Investment Partners&rs.. Read More

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