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13 December 2017 • By Tim Stewart • 1 min read

RBA derides ‘speculative mania’ of bitcoin

Bitcoin is unlikely to ever become a legitimate currency due to its poor governance, high transaction costs and extremely volatile price, says RBA ...

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Zurich lays out post-acquisition strategy

Zurich’s acquisition of ANZ’s OnePath business, announced yesterday, is part of the global insurer’s plans to establish a dominant presence in the ...

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Australian-made global equity funds on the up

Australian-based global equity funds have enjoyed a resurgence over the past five years, says Zenith – both in total number and overall funds under ...

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Private debt boutique to launch in February

Former Challenger head of fixed income Bob Sahota will launch a new private debt investment firm called Revolution Asset Management in February 2018

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Cromwell makes $170m strategic placement

Cromwell Property Group has announced a $170 million strategic placement in two Singaporean property development and real estate investment companies

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No changes to fintech sandbox: ASIC

The corporate regulator has resisted calls to amend the structure of its fintech sandbox pending the government’s implementation of its “enhancements” ...

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AZNGA acquires Henderson Maxwell

AZNGA, the M&A outfit backed by Italian fund manager Azimut, has acquired boutique wealth management and accounting firm Henderson Maxwell in its ...

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Zurich to acquire ANZ life business

Zurich Financial Services Australia will purchase ANZ’s OnePath insurance subsidiary, making it the largest retail life company in the country

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Super funds blind to data risks: Link Group

Increasing efforts by super funds to collect and analyse member data are opening up the sector to extortion and reputational damage, says Link Group

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Basel III framework finalised

The international Basel III agreement on bank capital has been finalised, with APRA confident that Australia’s largest banks will meet the new rules ...

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