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Showing 71 - 80 of 3629 results for "Rob"

HNWs require specialist expertise: Report

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
To better serve high-net-worth (HNW) clients, financial advisers require a broader range of specialist expertise to meet their complex needs, according to HUB24. HUB24's latest whitepaper, Directing the matrix: meeting the needs of high-net-worth clients ...

Former Schroders executive enters VC space

ELIZABETH FRY  |  FRIDAY, 1 DEC 2023
Industry veteran Graeme Mather has joined Antler, the early-stage venture capital investor, as a global partner. In his new role, he will help the venture capitalist deepen ties with large asset managers in the Asia Pacific and look at boosting super ...

Global X slashes ETF fees

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
Global X ETFs is reducing management fees on two of its fixed income ETFs, the Global X USD High Yield Bond ETF (USHY) and the Global X US Treasury Bond ETF (USTB). USHY is currently priced at 0.40% and UTSB is currently 0.20% per year but will be reduced ...

Vale Charlie Munger

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
Charlie Munger, the brilliant mind behind much of Berkshire Hathaway's success, has passed away at the age of 99. His death was announced this morning by the Omaha-based investment company he helped lead alongside legendary investor and long-time ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
Mercer Financial Advice will pay $12 million after the Federal Court found it failed to meet some disclosure obligations and charged almost $5 million in fees to clients when it was not entitled to do so. Mercer admitted that, between July 2016 and ...

RIAA appoints co-chief executives to succeed O'Connor

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
The Responsible Investment Association Australasia (RIAA) will be led by two chief executives across Australia and New Zealand from next month. Earlier this year, RIAA chief executive Simon O'Connor announced his intention to step down from the ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
Perth Mint has entered an enforceable undertaking (EU) with AUSTRAC to improve compliance with Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. In August, the financial crimes regulator ordered the appointment of ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
As small financial institutions buckle under macroeconomic pressures, it is a fine balancing act to ensure that they don't suffer unnecessary regulatory burdens to avoid a similar scenario in the US with the collapse of regional banks, APRA says. ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
While the local robo-advice industry flounders, Wealthfront has hit a record high of more than US$50 billion ($77bn) in assets under management, catering to 700,000 investors. The US robo-adviser boasted that as it continues to diversify offerings ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
GQG Partners has failed to get support from River Capital to acquire Pacific Current Group (PAC), leading the latter to wrap up the transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review ...