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Showing 1061 - 1070 of 11010 results for "Account"

GSFM appoints key account manager

JAMIE WILLIAMSON  |  THURSDAY, 1 AUG 2024
Joining from Macquarie, Lewis Bond is now key account manager for NSW and ACT. Bond will oversee financial adviser relationships in the states, bringing five years' experience with Macquarie Group. GSFM head of retail distribution Stephen Fletcher ...

BlackRock bolsters suite of SMAs

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... portfolios are designed to provide advisers with access to BlackRock's global active investment capabilities within a managed account structure. They aim to blend a selection of BlackRock's strategies, both active and index, across various asset classes ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
Private capital fundraising across an aggregate of asset classes continues to remain at a low point, according to a report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... for personal expenses, make cash withdrawals and payments to other investors, as well as transfer funds into a trading account held in his wife's name, Kathleen Susan Munro. He was arrested in 2015 following ASIC's allegation of five counts of fraud ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... "Markets tend to bounce back pretty quickly... We do not take geopolitical events or the probability of one happening into account when we're looking at forming our investment strategy," Pearce said. On balance, he said GEO is "certainly on a more ...

Cbus unleashes raft of fee changes

ELIZA BAVIN  |  TUESDAY, 30 JUL 2024
... weekly and percentage fee, so while the weekly fee has changed the percentage fee has remained the same at 0.19% of the account balance each year to a maximum of $1000 per year. In addition, Cbus made several changes to its insurance fees. For many members ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
Clime Investment Management won two mandates collectively worth $300 million, one of which came from Clearwater Portfolio Management. Clearwater Portfolio Management handed Clime $240 million to help manage the funds on behalf of Victorian financial ...

Trend among young Aussies highlights need for affordable advice

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... Delahunty said. "As an industry, we have seen a number of examples of high-pressure marketing tactics, including targeting account holders through social media, which ASIC has identified as a growing concern. "Most scams begin through interactions over ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
ASIC's annual insolvency data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses ...