Firetrail's Australian High Conviction Fund has earned a bronze rating from Morningstar after underperforming the benchmark by 11.7% in the year to September end.

After raising a record US$6.2 billion for its fourth infrastructure debt strategy, AMP Capital is ramping up its presence in Asia and opening new offices.

Westpac's customer compensation bill has added $341 million in the second half of 2019, bringing the remediation total to $958 million for the year.

Active ETFs from Magelllan have retained their highly recommended ratings from Zenith, even as ASIC conducts a review into internal market making.