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| | | Lonsec's rating of Arnhem Investment Management's global separately managed account was upgraded in its latest round of reviews. Arnhem's global SMA, the Australia+ SMA, is now 'Recommended' by the ratings house, with Lonsec highlighting its "highly ... |
| | | | ... Fund, to its SMA investment menu with a view to add more SMA managers in June. Another development slated for June is an upgrade to Mason Stevens' adviser and client portals. "This will give greater functionality and, more importantly for our advisers ... |
| | | | Perpetual's financial advisory arm for high net worth individuals, Perpetual Private, helped boost the company's profit in the six months to December. Perpetual Private posted profit before tax of $18.7 million, up 9% on the previous corresponding period. ... |
| | | | ... hit to underlying profit, falling 16.9% to $35 million. This was followed by trustee services, impacted by a "major IT upgrade," whose profit fell 12.2% to $2.9 million. Financial advice and distribution fell by 10% to $36 million, and investment management ... |
| | | | Trilogy Funds' flagship mortgage trust Trilogy Monthly Income Trust will receive a 4 Star - Superior rating from SQM research, an increase of a quarter of a star from last year. The superior rating, which classifies the trust as 'suitable for inclusion ... |
| | | | Three major world central banks met this week - all three kept monetary policy unchanged, all three expect better growth ahead. The Bank of Japan (BOJ) was first off the bat. The Japanese central bank decided to keep policy settings as they are at the ... |
| | | | ... business, following a period of significant transformation. Over the past five years, we've made substantial changes to upgrade and simplify our superannuation business to better serve our customers' needs." He added: "Our intention with the proactive ... |
| | | | Lonsec and Zenith have upgraded ratings of the Perpetual Diversified Real Return Fund. The fund is now 'Recommended' by both ratings houses following its strong performance. Before tax and fees the fund achieved returns of 9% per annum as at 31 December ... |
| | | | ING is joining with a global risk management software provider to upgrade its fraud detection and prevention facilities. The move occurs ahead of the Reserve Bank of Australia (RBA) launching the New Payments Platform, which will allow real-time transactions ... |
| | | | The Australian Taxation Office is working through its worst system outage in recent history, potentially delaying Australians from consolidating or transferring their superannuation before Christmas. The outage began on Monday 12 December, and as of ... |
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