ASX drops plan to replace CHESS with blockchain, writes off $250M
The long-running project has been shelved after a devastating Accenture report cited multiple areas of concern. ASIC chair Joe Longo said the ASX "failed to demonstrate appropriate control".
'Dramatic outflows' from bond funds in June: Calastone
It was clearly an incredibly tough beginning of the year for advisers and consultants building multi-asset portfolios.
'Green' trading evident in broker volumes
AUSIEX, one of Australia's leading wholesale brokerage firms, this week highlighted the growing popularity of ESG and sustainable investment trades.
Adviser numbers forecast to fall below 15k
The exodus of financial advisers from the industry is set to continue into 2022, according to research undertaken by Adviser Ratings, who in partnership with Vanguard Investments, released their Adviser Landscape report last week.
Clime buys MTIS Wealth to accelerate growth
John Abernethy's listed funds management firm, Clime Investment Management (CIW) purchased its second wealth management firm, Melbourne's MTIS Wealth Management for $7 million last week.
BT Panorama records net inflows ahead of sale
Westpac has added $1.5bn in net inflows for the 1H of the year on its BT Panorama platform while still looking for a buyer.
The cost of transition
Systematic investment group Parametric, offer a case study into the most important issue missed by institutional investors when they seek to change investment strategy; tax.
Earnings Season is Here - and It's Going to be Ugly
With July coming to a close, it's time for reporting season - and this year, it's not going to be pretty.
