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24 August 2017 • By Jessica Yun • 1 min read

Don't ignore duration risk, investors warned

Fixed income investors should be mindful of the effect that rising interest rates will have on long-dated bond portfolios, says Aviva Investors

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OpenMarkets signs back-office deal

Online stockbroker OpenMarkets has entered into a back-office outsourcing agreement with Japanese firm Nomura Holdings. OpenMarkets has announced ...

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CBA facing class action over AUSTRAC case

The Commonwealth Bank is facing a potential shareholder class action over its failure to alert the market about money laundering through its ...

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Australian Ethical wins new mandate

Multi-manager Alpha Fund Managers has awarded a new investment mandate to Australian Ethical. Australian Ethical announced in a statement yesterday ...

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Former Macquarie, JBWere exec joins boutique

Grant McCorquodale, a former senior executive with several institutions, has joined the board of Sydney financial advice boutique Core Private Wealth

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Banks wary about new APRA powers

Three of the four major banks have taken issue with Treasury proposals that would give APRA the power to adjust remuneration and remove executives ...

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Demographics will propel India: Nikko AM

Just as China’s economic growth looks to be slowing down, India is positioning itself for 20 years of strong growth, says Nikko Asset Management

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IRESS announces Acurity updates

IRESS has announced upgrades to Financial Synergy’s superannuation platform Acurity, following the merger of the two companies in September 2016

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Research costs holding back open APLs

Financial advice licensees are being prevented from ditching restrictive approved product lists due to prohibitive research costs, according to ...

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Folkestone hires new BDM

Real estate fund manager Folkestone Funds Management has recruited a former Hunter Hall business development manager. Monica Hood’s new role in ...

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