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Macquarie

Australian watchdog takes action against Macquarie IM

Tax & Regulation | 23 Jun 16

Australian watchdog takes action against Macquarie IM

The Australian Securities & Investments Commission (Asic) has commenced proceedings against Macquarie Investment Management relating to a A$30m (£15.3m, $22.4m, €19.9m) investment in a Cayman Islands-based fund.

Zurich buys Australian Life business from Macquarie Group

Asia | 4 Mar 16

Zurich buys Australian Life business from Macquarie Group

Zurich Australia, part of Zurich Insurance Group, said it has reached a deal with the Macquarie Group to buy its Australian life insurance business for an undisclosed sum.

China has a credit problem and it knows it

Asia | 26 Feb 16

China has a credit problem and it knows it

Anybody who says that China doesn’t have a credit problem is lying because when that much credit is pumped into the system there is no way that every single loan is a sound investment, according to Schroders’ head of Asian equities Singapore, Lee King Fuei.

Macquarie offers robo-advice service for DIY investors

Products | 18 Feb 16

Macquarie offers robo-advice service for DIY investors

Macquarie Bank has launched a robo-advice service in Australia for savers who do not currently receive advice and want to manage their own investments online.

Macquarie agrees compensation for wrap platform users

Tax & Regulation | 17 Jun 15

Macquarie agrees compensation for wrap platform users

Macquarie Investment Management, the asset management arm of Australia’s Macquarie Bank, is to refund over A$5.5m (£2.68m, $4.2m) to around 2,300 clients for errors on its wrap platform.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.