The latest issue of Financial Standard now available as an e-newspaper
Generation flags Ascalon closureBY ANNABELLE DICKSON | THURSDAY, 19 NOV 2020 12:18PM
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity.
Read more: Ascalon Capital Managers, Generation Development Group, Lonsec, Rob Coombe, Morphic Asset Management, Terence Wong, Deepwater Capital, Ellerston Capital
Upgrade your subscription to access this article
And gain access to:
The $20 billion industry fund has welcomed former TelstraSuper executive Jean-Luc Ambrosi to the newly created role of chief experience officer and appointed Christine Nguyen as chief risk officer.
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group.
Australian financial advisers believe they will grow their business by 5% this year and 11% over the next three years, according to the 2022 Global Survey of Financial Professionals by Natixis Investment Managers.
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5.
Infrastructure plays a key role in multi-asset portfolios
Focusing on stable long-term cashflows linked to inflation and low equity beta, infrastructure can provide diversification and resilience.
An open letter to the newly appointed minister for financial services, sharing a possible approach to revitalising and advancing the advice industry.
My old boss once said I was like a dog with a bone, except that the bone was buried in the backyard, and I'd keep digging until I found it. And that's ...
Superannuation's structural tailwinds of the past 30 years are morphing into headwinds and traditional diversification is challenged. (As an industry) ...
Emerging market debt has had a tough 2022 so far but the market is reaching an inflection point. Much of the bad news is in the past and yields are beginning ...
Infographic: FROM AUSTRALIA'S LEADING GOLD ETF ISSUER.
GENERAL MANAGER, INVESTMENTS
A determined spirit has underscored all that Jane Kang has achieved so far, and that spirit is lending itself well to Prime Super, its members and its investments. Andrew McKean writes.