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29 June 2017 • By Tim Stewart • 1 min read

Powerwrap raises $19m, targets late 2017 IPO

Boutique platform provider Powerwrap has raised $19.4 million in an oversubscribed capital raising as it prepares to list on the ASX. Powerwrap has ...

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Dexus enters JV to create property fund

Dexus Funds Management has established a joint venture agreement with Commercial & General to create a new wholesale unlisted healthcare fund

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NAB Financial Planning makes new hire

NAB’s financial planning division has appointed of a new head of client services and paraplanning. In a statement yesterday, NAB Financial ...

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Investor confidence drops in June: State Street

Institutional investor confidence edged down in June as sentiment remains “rather subdued” across the globe, according to State Street

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Treasury proposes new ASIC licensing powers

Treasury’s ASIC Enforcement Review taskforce has asked for public submissions on its proposed changes to the regulator’s licensing powers

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Nikko AM wins Aussie equities mandates

Nikko Asset Management has announced it has secured two new Australian equities mandates from Zurich. The mandates from Zurich Investments are ...

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Australian fintech take-up doubles in 18 months

More than one-third of consumers are now using a fintech product, putting Australia in the top five adopters of fintech globally, according to a new ...

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ASIC clarifies independent advice position

The corporate regulator has revealed its position on the definition of independent financial service provision, in a move likely to impact thousands ...

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APRA hires head of risk and data analytics

APRA has appointed Westpac's head of risk analytics to take up a new executive general manager role at the prudential regulator. APRA has appointed ...

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Westpac fined over reporting failures

ASIC has fined Westpac $127,250 for failing to correctly report information about more than 100,000 over-the-counter derivatives transactions

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