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Showing 1131 - 1140 of 2997 results for "February 11"

Magellan hires Macquarie insto head

KANIKA SOOD  |  MONDAY, 11 NOV 2019
The global equities powerhouse has hired Macquarie's head of Australian institutional business for its 25-strong sales and distribution team. Darren Ottawa joined Magellan last month as an institutional business director. He will be responsible ...

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
The Financial Adviser Standards and Ethics Authority has released the results from the financial adviser exam held in September, which 1697 financial advisers sat. The exam was held in eight metropolitan and nine regional centres between 19 September ...

Perpetual appoints head of risk

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
Perpetual has confirmed the appointment of a head of risk, promoting from within to fill the newly created role. The investment house has promoted Allan Lo Proto to the new role of head of risk, a spokesperson has confirmed. Proto first joined Perpetual ...

Chi-X forced to be client of competition

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
Disrupter stock exchange Chi-X has revealed it is forced to be a client of its competition - the ASX. The ASX currently has a monopoly when it comes to clearances and settlements in Australia. Chi-X chief operating and technology officer Mike Aikins ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
It's beginning to look a lot like Christmas has come early... and Thanksgiving too. Wall Street benchmark equity indices rallied at the close of trading last week: The S&P 500 added 1.0% to a new all-time high; the Nasdaq closed 1.1% up but not ...

Advice group chief executive to depart

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
The long-serving chief executive of a boutique financial advice group will exit the business next month. Profile Financial Services has confirmed the resignation of its chief executive Sarah Abood. Abood first took leadership of the privately-owned ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Investors stuck in a Queensland-based mortgage income fund that went belly up in the GFC have finally received an interim distribution. LM First Mortgage Income Fund's unitholders are set to receive an interim distribution of 6.5 cents for each dollar ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
GBST Holdings is facing a roughly $2.7 million bill after a former chief executive won a wrongful dismissal court claim against the financial services software company. Stephen Lake was GBST's chief executive and managing director from 2001 to 2015 ...

Future Fund returns 1.9% for the quarter

KANIKA SOOD  |  MONDAY, 21 OCT 2019
Australia's sovereign wealth fund returned 1.9% in the three months to September, taking its ten-year return from 10.4% per annum at end of last quarter to 10%. The fund's assets under management grew by $3.1 billion in the quarter. Asset allocation ...