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Showing 1031 - 1040 of 5002 results for "CAM"

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
ASIC has permanently banned a Melbourne financial adviser for allegedly pressuring people into consolidating their superannuation for a fee. Nizi Bhandari has been banned from providing financial services permanently. He was an authorised representative ...

Future Fund buys into renewables

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
Australia's sovereign wealth fund will acquire Tilt Renewables under a scheme of arrangement as part of a consortium. Under the acquisition deal, New Zealand energy company Mercury NZ will acquire the assets while Powering Australian Renewables (PowAR) ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
Australia's listed property sector continues to languish from the effects of the global pandemic, slumping 14% compared to its pre-COVID-19 performance. Rainmaker's Wholesale Managed Funds Performance Report found that equities delivered a mixed ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

Local fund manager expands in Asia

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
Auctus Asset Management (AVC) will buy an initial 9.9% stake in Asia-based private market investment manager Odyssey Group. Odyssey has about US$180 million in gross assets under management and advice, 25 staff and operations in both Singapore and Hong ...

Investor population rises for global equities

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
Young Australians have flocked to trade listed investments for the first time, having set their sights on global equities, new research shows. Investment Trends 2020 2H Online Investing Report found that 435,000 Australians placed their first trade ...

Channel Capital hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The $16 billion Sydney multi-boutique has appointed a distribution director, hiring from AMP Capital. Phelim O'Neill was previously a state account manager at AMP Capital, servicing private wealth groups and advisers. At Channel, he will focus on the ...

BetaShares eyes expansion with new shareholder

KANIKA SOOD  |  MONDAY, 8 MAR 2021
BetaShares chief Alex Vynokur says the firm is open to acquisitions, listing its ETFs overseas and adding a retirement income product, as it brings on a US private equity investor. TA Associates has become a roughly 50% shareholder in BetaShares Holdings ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
Just days after taking action against Rest, ASIC has alleged Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation ...

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Equipsuper has kicked off another successor fund transfer with an 83-year-old corporate superannuation fund that has more than $680 million of assets. BOC Super will merge into the $16 billion superannuation fund after its trustee determined that the ...