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Showing 1191 - 1200 of 15771 results for "TER"

Australian Unity chief retires

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
Australian Unity chief executive and group managing director Rohan Mead will retire at the end of this year, closing the book on a 21-year tenure at the financial services company. Australian Unity is now on the hunt for his successor, with an internal ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
ASIC is attempting to liquidate responsible entity Falcon Capital, wind up the First Guardian Master Fund, as well as impose a receiver and manager to director David Anderson's personal property. The regulator has put into motion the applications ...

Future Group, family offices back US$100m AI-focused fund

MATTHEW WAI  |  TUESDAY, 18 MAR 2025
Future Group and a slew of family offices have invested in a venture capital fund focused on AI-driven startups. Nearing a US$100 million close, King River Capital's fund invests in AI-driven software startups disrupting traditional software as a service ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
The Grattan Institute is once again calling for the simplification of Australia's retirement income system, saying it should be a policy priority for whoever wins this year's federal election. Releasing its Orange Book 2025: Policy priorities for the ...

TWC Invest makes risk, technology hires

MATTHEW WAI  |  MONDAY, 17 MAR 2025
TWC Invest has announced the appointments of a chief risk and compliance officer and a chief technology officer. TWC Invest said the appointees will support the firm's "differentiated lifecycle investment approach." Stephen Thompson has taken on ...

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
New research from State Street Global Advisors and Investment Trends shows about 59% of Australian financial advisers are now using managed accounts (MAs), as performance remains the top criteria for advisers. According to the SPDR ETFs / Investment ...

Navigator takes stake in 1315 Capital

KARREN VERGARA  |  MONDAY, 17 MAR 2025
ASX-listed Navigator Global Investments (NGI) has acquired a stake in the US private equity firm that has US$1 billion in assets under management (AUM). NGI will acquire a 23.5% stake in 1315 Capital, a Philadelphia-based private equity firm that targets ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
Ord Minnett (Ords) has added nine new senior advisers to its ranks - seven from Perpetual and two from FIIG Securities - as part of a broader push to grow its client and adviser base. Former Perpetual partners Malissa Tobias, Mark Heffernan, and Con ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The federal government's pre-election budget is expected to unveil an underlying cash deficit of $26.1 billion for the 2025 financial year, while revenues will deteriorate by $11.3 billion over four years, a new report from Deloitte shows. The deficit ...