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19 September 2016 • By • 1 min read

US robo-advice AUM surging: BlackRock

Assets under management in the robo-advice channel of the American wealth management industry have risen sharply in the past 12 months, according to a ...

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ASIC bans alternative investment spruiker

ASIC has banned New Zealand-based Geoffrey Woodcock from providing financial services for four years for promoting Australian financial products ...

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Willis Towers Watson names new Australasian head

Global advisory firm Willis Towers Watson has named Andrew Boal as its new regional head of Australasia to take effect immediately. Mr Boal has ...

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Style key to global equity fund returns: CIFR

Investment style has a significant effect on the returns of global equity funds, according to the Centre for International Finance and Regulation ...

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Fed likely to raise funds rate in September

The US Federal Reserve is likely to raise the Federal funds rate by 0.25 per cent at its September meeting, according to BondAdviser. The research ...

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Coalition backs down on lifetime cap

The federal government has scrapped its proposed $500,000 lifetime non-concessional contribution cap, replacing it with an annual limit of $100,000

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CBA fined, writes off $2.5m in loan balances

The Commonwealth Bank has paid $180,000 in infringement notices and will write off $2.5 million in personal overdraft balances that were issued in ...

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Central bank policy could steepen yield curves

Current volatility in the bond market caused by uncertainty in global central bank policies could put upward pressure on bond yields, according to ...

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Labour market remains solid: AMP Capital

Australia’s labour market remains healthy, despite employment falling by 3,900 jobs, well below the expected gain of 15,000 jobs, according to AMP ...

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Be wary of tech stocks, says Stockspot

The strong performance exhibited by technology stocks since 2012 makes them an attractive investment option, but Stockspot cautioned investors that ...

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