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| | | A new report reveals Australian trusts and foundations have deployed $100 million into higher-risk, impact-focused investments over the past three years, signalling promising demand for catalytic capital despite the market remaining in its early stages. ... |
| | | | Regal Funds Management's Philip King has handed in his notice period, announcing his retirement strategy that will see his departure in 2027. Regal said King will remain with the company until at least June 30 of next year, ensuring an orderly transition ... |
| | | | T. Rowe Price has acquired US fixed income asset manager and exchange-traded funds (ETFs) specialist F/m Investments, expanding its capability to provide customised fixed income offerings to investors. F/m Investments has approximately US$19 billion ... |
| | | | HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30. The fixed administration fee for all retirement products will be reduced by 16.7% to $65 p.a., while the asset-based fee ... |
| | | | ... which were calculated based on determinations set by the Australian Financial Complaints Authority (AFCA), in a holding account with the Federal Court. Melinda Kee lost $380,000 of her retirement savings when she invested it in First Guardian, prompted ... |
| | | | ... expect more scrutiny. This comes ahead of APRA undertaking work to consult on a proposed package of reforms that takes into account findings from its review of platform providers and lessons learned from the collapse of Shield and First Guardian. " The ... |
| | | | First Sentier is consolidating its global asset servicing providers, mandating Northern Trust in Ireland and Singapore. Northern Trust has been appointed fund administrator and depositary for First Sentier's US$14 billion Irish fund, the First Sentier ... |
| | | | ... judgement in assessing fund managers," Frontier Advisers said. "This recognised the need for manager evaluation to take account of local client needs, regulatory settings, market structures and other regional nuances. The firms also collaborated on sharing ... |
| | | | From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ... |
| | | | HESTA has announced the appointment of James Haviland as head of risk, commencing August 24, and John O'Sullivan as head of finance and tax and deputy chief financial officer, commencing in November. Haviland will lead HESTA's risk function ... |
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