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Showing 1101 - 1110 of 13906 results for "State"

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
ASIC slapped a three-year ban on a former Life Plan FP financial adviser for failing to act in the best interests of clients and not being able to maintain "high standards". Gawad Nabi, who served as an authorised representative of Hobart-based Life ...

TCorp reorganises investment team

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... structure and simpler portfolio environment," and aligns with TCorp's broader funds management strategy that sees six separate state government funds consolidated. Under the changes, current head of investment advisory Ali Parker will become head of ...

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... of returns offers opportunities for active management," the report said. "Almost four in 10 (39%) family offices globally state that they are currently relying more on manager selection and/or active management to enhance portfolio diversification, up ...

Jim Lamborn retires from JANA

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
Jim Lamborn has retired from the asset consultant after more than two decades on its leadership team. Lamborn first joined JANA in 2002 as head of implemented consulting. He held this role for more than 13 years, working across business development ...

Funds SA chief investment officer exits

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
Funds SA is on the hunt for a new chief investment officer. The $43 billion asset manager confirmed Richard Friend is departing after almost eight years in the role. Friend joined Funds SA in December 2016 to lead the investment team, coming across ...

ASIC issues experienced pathway guidance

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
ASIC has released new guidance for financial advisers who could potentially qualify as experienced providers and skip further education and training. The regulator today released Information Sheet 281 FAQS: Relevant providers - Accessing the experienced ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
ASIC has canned the AFS Licence (AFSL) of the asset management firm linked to a massive money-laundering operations. Everest Asset Management, which was licensed to service wholesale clients, will no longer be operational. ASIC said it revoked the AFSL ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
The Reserve Bank of Australia (RBA) board has confirmed it discussed both leaving interest rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference ...

Centuria launches new wholesale fund

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... through tenant remixing or potential redevelopment," Centuria co-chief executive Jason Huljich said. "WA remains a standout state for retail property. Greater Perth's population has increased by 3.6% throughout the previous 12 months 9, and when coupled ...

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
The team at small caps manager NovaPort Capital have decided to hang up their boots. A decision was made on May 13 to wind up the small cap Australian equity manager, Fidante told investors, saying the NovaPort team had made the call to close the business. ...