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| | | BlackRock has upped the number of private credit specialists in its antipodean team by recruiting a Nomura operative. Based in Sydney, Stephen Allan has been appointed head of Australasia and will lead the origination and sourcing of private credit ... |
| | | | ... Retail super funds plan to merge (July 26) In July, Colonial First State's Avanteos Investments made the decision to close encircle Super and transfer all member accounts to Centric Super. The decision was driven by a need to reduce costs to members ... |
| | | | ... explain how premiums may change at point of sale and each policy anniversary." Over the next 12 months, they will keep a close eye on how insurers are meeting regulatory, consumer and community expectations of pricing decisions, marketing and disclosure ... |
| | | | IFM Investors has made a few significant changes to its Australian diversified credit team to help drive growth in the asset class. The industry fund-backed investor has appointed Lillian Nunez and Hiran Wanigasekera as co-heads of the business. The ... |
| | | | Close to 100% of investors trapped in the failed LF Woodford Equity Income Fund have approved the compensation scheme under which up to $438 million will be paid by Link Fund Solutions. About 93.7% of investors - representing 96.1% of the value - voted ... |
| | | | VanEck's latest annual investor survey has found that despite volatility, most Australian investors are set to increase their investments in exchange-traded funds (ETFs) within the next six months. Additionally, around 50% of investors intend to boost ... |
| | | | AMP is reinventing the Jigsaw business to serve more self-licensed financial advisers. AMP has overhauled Jigsaw's offering, introducing an enhanced Essentials package. It already includes compliance support such as Responsible Manager training, education ... |
| | | | Putting an old rivalry behind, financial advice practices are increasingly joining forces with accounting firms as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts ... |
| | | | After its bid to acquire Perpetual was rejected, Washington H. Soul Pattinson (WHSP) has increased its ownership in the fund manager to 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying ... |
| | | | ... total APRA-regulated super FUM, with this expected to grow to 85% in two decades. As such, Rainmaker Information predicts close to half of all APRA-regulated super FUM - 43% - will be managed by internal investment teams. Most of this will be overseen ... |
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