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01 November 2016 • By Killian Plastow • 1 min read

Pace of US growth unlikely to continue

The US economy grew at its fastest rate in two years throughout the third quarter of 2016, says NAB – but the performance is unlikely to be repeated ...

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Pimco to internalise responsible entity services

Investment management firm Pimco has obtained a responsible entity licence and will become the responsible entity for its suite of managed funds

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Rising bond yields putting pressure on stocks

Rising bond yields and a reduction in central bank policy easing have left global equity markets feeling “nervous”, according to BetaShares

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IOOF dodges shareholder class action

Maurice Blackburn's proposed shareholder class action against IOOF is dead in the water after the plaintiff law firm agreed to Supreme Court orders ...

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AMP flags life insurance losses

AMP's share price fell as much as 10 per cent on Friday afternoon after the company announced its profit will take a $565 million hit due to "the ...

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Future Fund sounds warning on returns

After delivering an impressive 7.7 per cent per annum since its inception in 2006, the Future Fund has sought to manage expectations about returns ...

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Bravura announces details of IPO

Financial services software firm Bravura has announced an initial public offer price of $1.45 to raise a total of $148 million. On completion of ...

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Macquarie half-year profit slips

Macquarie Group has announced a $1.05 billion profit after tax for the six months to 30 September 2016, down 2 per cent on the prior corresponding ...

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Banks blame 'legacy systems' for advice failures

The major banks have issued a 'mea culpa' after an ASIC report revealed their respective wealth management arms failed to provide annual reviews to ...

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Global insurers embracing risk, says report

The majority of global insurance companies are planning to either maintain or increase their exposure to investment risk over the next 12 months, ...

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