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11 February 2016 • By Tim Stewart • 1 min read

Active managers being dudded on returns

Assessing the value of active management based solely on disclosed holdings may well be selling fund managers short, according to a new paper

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CBA bad loans up 28 per cent

The Commonwealth Bank's $4.8 billion profit for the half year to December 2015 has been overshadowed by a $564 million loan impairment expense – up 28 ...

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Reduce withholding tax, says FSC

The Financial Services Council (FSC) has urged the government to reduce the withholding tax rate for Asia Region Funds Passport funds from 15 per cent ...

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Moody’s downgrades WA credit rating

Moody’s Investor Service has downgraded the long-term issuer and senior unsecured debt ratings of the Western Australian Treasury Corporation (WATC)

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Consumer sentiment up 4.2% in February

Following a 3.5 per cent fall in January, consumer sentiment has returned to a level where “optimists outnumber pessimists”, according to ...

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Perpetual Corporate Trust names RE head

Perpetual Corporate Trust has appointed a new head of responsible entity (RE) services. Hugh Treweeke has been announced as the head of RE services ...

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Don't tinker with defined benefit funds: Vision Super

The government's push to increase the number of independent directors on superannuation boards will reduce the accountability of defined benefit ...

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BOQ announces $15 million restructure

The Bank of Queensland has revealed it will incur costs of $15 million in 2016 as it undertakes an organisational restructure. In an statement on ...

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China becoming 'less important' for Australia

Australia's economic rebalancing has caused an increase in net services exports, with HSBC Global Research arguing that China’s investment cycle may ...

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Willis Towers Watson names Australasia head

Global advisory firm Willis Towers Watson has announced the appointment of a regional head of Australasia. Tony Barber will join Willis Towers ...

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