Search ResultsShowing 1 - 10 of 100+ results for Alex Burke
Big banks pay $60m in advice refunds
ALEX BURKE  |  MONDAY, 22 MAY 2017   12:17PM
AMP, ANZ, CBA, NAB and Westpac have to-date repaid $60 million out of an estimated $204 million for charging clients for financial advice that was not provided. This news follows the October 2016 release of ASIC's report into the advice businesses ...
Iron magnate makes historic $400m pledge
ALEX BURKE  |  MONDAY, 22 MAY 2017   12:08PM
The Australian chair of one of the world's largest iron ore producers recently made the largest ever donation by a living Australian to a range of charitable causes. Fortescue Metals chair Andrew "Twiggy" Forrest, along with his wife Nicola ...
Macquarie to pay $2m following ASIC probe
ALEX BURKE  |  MONDAY, 22 MAY 2017   11:45AM
ASIC accepted an enforceable undertaking from Macquarie, which includes a community benefit payment of $2 million, following the regulator's investigation into the bank's wholesale foreign exchange business. ASIC determined that on multiple ...
Perennial micro-cap fund gets Lonsec tick
ALEX BURKE  |  MONDAY, 22 MAY 2017   11:39AM
Lonsec gave Perennial's new micro-cap trust a "Recommended" rating. The Perennial Microcap Opportunities Trust aims to outperform the S&P/ASX Small Ordinaries Accumulation Index after fees over rolling three-year periods by investing in 30 to 70 ...
GSFM hires Macquarie exec
ALEX BURKE  |  FRIDAY, 19 MAY 2017   12:51PM
Grant Samuel Funds Management has appointed a new compliance officer. Stuart Osborne joins GSFM from Macquarie, where he held multiple positions since 2002, including compliance and op risk executive, credit analyst, operational risk manager, and ...
Second private equity firm joins battle for Fairfax
ALEX BURKE  |  FRIDAY, 19 MAY 2017   12:39PM
In the battle for Fairfax Media, a new US-based bidder has entered the fray. Hellman & Friedman (H&F), established in 1984 by Lehman Brothers and Salomon Brothers executives Warren Hellman and Tully Friedman and with about $50 billion in assets ...
Crowe Horwath managing partner to depart for government role
ALEX BURKE  |  FRIDAY, 19 MAY 2017   12:37PM
A managing partner at Findex-owned Crowe Horwath will leave the firm to become the Auditor-General for the Queensland Government. Brendan Worrall, currently Crowe Horwath's managing partner for audit and assurance for the Australian and New Zealand ...
Aussie hedge fund eyes US expansion
ALEX BURKE  |  FRIDAY, 19 MAY 2017   12:37PM
An award-winning Australian hedge fund manager is setting up shop in the US with a Manhattan office and new local and international hires. NWQ Capital Management, based in Perth and led by managing partners Jonathan Horton and Stuart McClure, has ...
Liquidnet acquires global tech firm
ALEX BURKE  |  THURSDAY, 18 MAY 2017   1:06PM
Institutional dark pool network Liquidnet is preparing for changes to European Union markets regulation through the acquisition of a global provider of equity analytics. OTAS Technologies, established in 2011, currently provides equity market ...
Macron won't stop populist tide: William Blair
ALEX BURKE  |  THURSDAY, 18 MAY 2017   1:04PM
Emmanuel Macron's election as French President won't be enough to stem the tide of populist sentiment in Europe and its effects on European markets, according to William Blair dynamic allocation strategies portfolio manager Thomas Clarke. Speaking ...
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Editor's Choice
JAMIE WILLIAMSON
New managed accounts capabilities will be rolled out across Colonial First State's FirstWrap and FirstChoice platforms ahead of managed accounts being made available on FirstChoice later this year.
ALEX BURKE
The Australian chair of one of the world's largest iron ore producers recently made the largest ever donation by a living Australian to a range of charitable causes.
KARREN VERGARA
An overwhelming number of retail investors are turning to financial advice rather than single-handedly making investment decisions on their own.
JAMIE WILLIAMSON
Trustee Partners made its first overseas investment, acquiring a New Zealand fiduciary services firm with an offer too strong to ignore.
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