Perennial Trio Lose 'Loss of Control’ Bid

Three of the Original Directors of Fund Manager, Perennial have lost their bid to extract a change of control fee resulting from Australian Wealth Management’s 2008 merger with Perennial parent IOOF.


Former Deutsche exec launches investment firm

"Cyclical investing recognises cycles of price performance over different asset classes at different points in time and this is most obvious in equities with really large price movements," Kennedy said.


Reliance Capital AUM rise

Reliance Capital Asset Management has increased the total assets under management (AUMs) by Rs 7,000 crore during Q1 of 2013-14 fiscal.


Zurich enters netwealth platform

Heine mentioned Zurich's focus on technology and on key market segments as one of the main reasons behind the partnership. "We have identified that our low platform fees combined with access to multiple insurers has been a key driver of adviser


RQFII programme extends to London and Singapore

CSRC also announced plans to further increase the total qualified foreign institutional investor (QFII) quota to $150 billion from $80 billion in an effort to encourage foreign investment into the mainland.


GJF bans sale of gold bullion and coins

The All India Gems and Jewellery Trade Federation announced that the sale of bullion and coins will be stopped for consumers and corporate bodies.