Fund Product, Company, and Regulatory Updates as at 5 July 2016

  • BetaShares launching global sector ETFs locally
  • REI Super goes public
  • MyLifeMyMoney (Catholic Super) merges with Transcomm Credit Union
  • Investec invests in Wholesale Investors
  • Contango divests funds management arm
  • XTrade forced to change client money handling
  • Etern Wisdom Global, Ergo Capital, and Advamode AFSLs cancelled
  • Macquarie Bank's AFSL conditions dropped
  • ASIC commences proceedings against Macquarie IM
  • Macquarie Securities (Australia) adds to Macquarie woes with contraventions
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Fund Product, Company, and Regulatory Updates as at 21 June 2016

  • Suncorp launches online-only super product
  • QSuper and LGIAsuper membership now open to the public
  • OneVue intending to merge with Diversa
  • RBF-TAS and Tasplan merger approved
  • ASIC and Singapore sign agreement
  • ASIC warning
  • Best interests duty enacted
  • Civil penalty proceedings commenced against NAB
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Fund People as at 21 June 2016

  • CFSGAM appoints senior portfolio manager
  • ANZ appoints CCO
  • Energy Super appoints three new managers
  • AMP Capital appoints NZ fixed income co-head, head of industrial
  • CBA appoints director
  • Equity Trustees appoints new senior manager
  • LUCRF Super appoints new employer representative director
  • Suncorp CEO resigns
  • PIMCO restructure results in retrenchment
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