Triple A launches cryptocurrency fund


A hedge fund industry veteran has partnered with ANZ’s former head of global markets to launch Australia’s first cryptocurrency-focused managed fund, which will give sophisticated investors exposure to em.. Read More

Wang named Fidelity Australia COO


Eric Wang has joined Fidelity Worldwide Investment as the global asset manager’s chief operating officer for Australia. Wang joins Fidelity from wealth management consultancy Sunstone Partners, where he wa.. Read More

Broker hit with $25,000 ETF fine


Investment and broking firm Susquehanna Pacific has paid a $25,000 fine after allegedly failing to comply with market rules involving exchange-traded funds (ETF). Susquehanna paid the fine after a Markets Discip.. Read More

Emerging markets buck trends


Emerging market economies could be the surprise investment opportunity in 2013, with the asset class showing signs of bucking traditional market trends, according to an investment strategist. Neuberger Berman h.. Read More

Centuria strikes $56-million property deal


A business unit of listed property group Centuria Capital has signed an arrangement to purchase a Sydney-based property for $56 million. Last month, Centuria Property Funds, a wholly-owned subsidiary of Centuria.. Read More

Trust caught in Banksia collapse


Listed trustee The Trust Company has become embroiled in the collapse of Banksia Financial Group (BFG) after it was served with a legal claim filed on behalf of debenture holders in two entities linked to the failed .. Read More

Regulation costs a heavy toll on industry: report


The cost and complexity of regulation within Australia’s financial services industry was affecting the sector’s productivity growth at a national level, according to an industry report. The Financial.. Read More

Investors to flock back to margin lending


Australia’s margin lending sector is unlikely to continue its downward trend, with a significant number of new investors expected to engage in the investment product in the next 12 months, according to a report.. Read More

Govt commits to final IMR amendment


The Labor government expects to introduce the final element of the Investment Manager Regime (IMR) into Parliament in the first half of the year. Financial Services and Superannuation Minister Bill Shorten said .. Read More

Taking stock: living in cloud cuckoo land


In the metaphorical market equivalent of a couple of Panadols and a good lie down, the best panacea for a resoundingly bleak outlook and seemingly insurmountable economic disasters is a couple of quarters of solid in.. Read More

Aged Care gurus