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19 May 2016 • By • 1 min read

MLC adds to capital markets team

Former CLSA analyst John Woods has been appointed as a portfolio manager in MLC's capital markets research team. MLC chief investment officer ...

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ANZ sheds 200 back-office roles

ANZ has made 200 managerial and back-office positions redundant as the bank looks to "simplify" its business and "boost productivity"

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Advised investors driving ETF growth

The 44 per cent growth in the Australian ETF market between 2013 and 2015 was fuelled primarily by advised SMSFs and retail investors, according to ...

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RBA rate cut reflects 'new neutral': Pimco

The Reserve Bank of Australia was right to cut the cash rate to 1.75 per cent earlier this month, despite the criticism it has faced, says ...

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TAL appoints former CommInsure executive

A former CommInsure head of life product and strategy has joined TAL in the newly created position of general manager for health services

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Budget too optimistic about productivity: KPMG

KPMG modelling shows Australia’s sovereign debt will continue to climb if productivity fails to improve on recent performance – contrary to what the ...

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Currency-hedged equity ETFs launched

ETF provider BetaShares has released Australia’s first currency-hedged European and Japanese equity ETFs on the ASX. According to a statement, the ...

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Bank assets set to 'deteriorate', says Moody's

The credit cycle has turned and the asset quality of the four major Australian banks will deteriorate gradually during 2016, says Moody's Investors ...

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US Fed won't go negative: Capital Group

Market scepticism about the efficacy of negative interest rates makes it unlikely the US Federal Reserve will go down the same route as the Bank of ...

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Outgoing AMP chair laments culture

In his final speech at the AMP annual general meeting on Thursday, outgoing chair Simon McKeon said the financial services industry "needs to do ...

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