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Showing 1091 - 1100 of 2942 results for "L1 Group"

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
The former general manager of BT Financial Advice, who was grilled at Royal Commission hearings last year, will lead an ASX-listed managed accounts provider for a $500,000 base salary. Michael Wright will join Xplore Wealth (formerly Managed Accounts ...

Sequoia acquires dealer group

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2019
Sequoia Financial Group has acquired a national dealer group, home to 68 authorised representatives. Sequoia acquired Sydney-based Libertas Financial Planning, a national licensee with 68 authorized representatives as at August 1, 60 of which are active ...

Imminent launch for start-up super fund

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
A start-up superannuation fund underpinned by a managed account solution will officially launch this spring. Tomorrow Super promises to be the "smarter alternative" to traditional retail, industry and self-managed superannuation funds, according to ...

Pengana adds fee class for global equities fund

KANIKA SOOD  |  THURSDAY, 1 AUG 2019
The $97 million Pengana International Fund will now be available with a lower base fee and a performance fee structure, in response to adviser demand. Pengana has traditionally offered the fund to financial advisers at a flat 0.974% management fee per ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...

Pendal Group appoints international business lead

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUL 2019
Pendal Group announced the appointment of a chief executive for its J O Hambro Capital Management (JOHCM) operations in the UK, Europe and Asia. Alexandra Altinger will head up UK, Europe and Asia operations for JOHCM. Altinger was previously chief ...

BT Panorama boosts functionality

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
BT Panorama has exceeded $20 billion in funds under administration and boosted platform functionality. In July 2018, BT introduced simple open platform pricing for BT Panorama and since then the platform has enjoyed 78% growth, BT Financial Group said. ...

HUB24 launches white label SMA

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
HUB24 has partnered with a fund manager with more than $2 billion in assets under a managed account structure to launch a new SMA solution. Elston Asset Management, a subsidiary of financial services firm Elston, has launched a private label SMA on ...

NZ Super Fund invests in hotels

KANIKA SOOD  |  MONDAY, 15 JUL 2019
The $40 billion New Zealand Super Fund is investing $287 million in the country's hotels, starting with three properties in Auckland and Christchurch. The portfolio was established by Russell Group and Lockwood Property Group. It includes Four Points ...

ESG options outperform in the short term: Research

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
Investment options managed according to socially responsible, ethical or sustainability principles tend to outperform in the short-term, new superannuation research shows. Rainmaker's latest Roundup report, which analysed 139 multi-manager, strategic ...