The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and ...

ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager.

Hearts & Minds Investments (HM1) is the latest fund manager to write off its stake in the beleaguered Corporate Travel Management (CTD), while Wilson Asset Management slashed its value by 50%.

Currently, South Korea's existing wealth fund, Korea Investment Corporation, only manages foreign currency assets. The new fund will be able to invest more broadly, including "proactively acquiring ...

Dexus has launched the Dexus Strategic Investment Trust (DSIT) series, acquiring 25% stake in Westfield Chermside, Brisbane to seed the first fund in the series DSIT1.