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Showing 1221 - 1230 of 6212 results for "SIX"

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... reporting fee if they want to see which financial advisers and/or dealer groups are investing in their funds. For the last six years, HUB24 has charged about $3000 per fund manager for this reporting service. Effective April 1, the platform will increase ...

360 Capital to raise $93m

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... distributions paid monthly, and proposed exposure to a diversified portfolio amongst other things. He said it will likely take around six months to fully deploy the capital raised into a diversified portfolio of CRE loans.

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... Shlomo Yoshai has been banned for 10 years while its former employees have been banned from former employees for three to six years. ASIC first initiated civil proceedings in the Federal Court against Forex CT and Yoshai after alleging Forex CT engaged ...

Westpac merges consumer, business divisions

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... solid foundation for this change, with greater clarity on accountability and a common management approach across each of the six business lines," King said. "The combined division will drive simplification of banking and help to reduce cost, including ...

Former Wallaby departs Westpac for NAB

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
After six months as head of private wealth, north at Westpac, Phil Waugh has taken on an executive role at NAB. Waugh has been appointed as executive, broker distribution at NAB and will report to executive, home ownership Andy Kerr. Waugh spent four ...

Alphinity portfolio manager resigns

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... part with a talented, valued team member who has contributed enormously to the evolution of Alphinity Global over the past six years. We wish Lachlan every success in his new endeavour and we will remain firm friends. He will continue to offer support ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... Westpac's BT Super spent $870,000 over January and June 2020. Suncorp Super's $80,000 budget on digital advertising over six months had no direct sponsorship outlay. The Suncorp Group, however, is a well-known sponsor of Queensland's Suncorp ...

Pendal group chief executive to step down

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... executive as a successor to Emilio Gonzalez, as it sees its "biggest future potential" in the US. Gonzalez will stay for a six-month transition period, when Nicholas Good will take over as the group chief executive of Pendal Group. Good was appointed ...

Dexus plans merger with AMP Capital fund

ELIZABETH MCARTHUR  |  TUESDAY, 16 MAR 2021
... update to the ASX that the agreement is the result of discussions with the responsible entity for the AMP Capital fund and six months of engagement with unit holders. Under the agreement, the Dexus fund and AMP Capital fund would merge through a stapling ...

Managed accounts FUM inch to $100bn

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... and Milliman calculated a $15.5 billion rise in managed accounts funds under management from June 2020. Net inflows in the six months to December 2020 was $7 billion. "The investment markets for the second half of 2020 were significantly more positive ...