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Showing 1261 - 1270 of 8747 results for "SYD"

ASIC takes action on two AFSLs

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
ASIC has cancelled the ASFLs of two NSW-based financial service providers. Sydney-based financial services provider Squareknot's licence cancellation took effect on 6 May 2020. ASIC said the licence was cancelled after it found that Squareknot did not ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Despite Australia's real estate investment trusts dropping 49% during the COVID-19 sell-off, boutique fund manager SG Hiscock believes now is an opportune time to increase exposures to real estate. Now trading up 45% since their March 23 lows, SG Hiscock ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame. Atlas Wealth Management managing director James ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
The co-founder of Grow Super, a fund marketed to millennials, has resigned, allegedly as a result of his involvement in an NRL betting scandal. Grow Super co-founder and chief executive Joshua Wilson has stepped down from his role due to the alleged ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...

Wealth platform appoints technology lead

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
A specialist wealth management platform has appointed a chief technology officer, bringing over 20 years' experience in technology roles to the software provider. WealthO2 has appointed Matthew Done as its chief technology officer, set to report directly ...

House prices expected to tumble

ELIZA BAVIN  |  FRIDAY, 22 MAY 2020
HSBC has warned Australian house prices could fall as much as 12% in 2021 as the fallout from the COVID-19 pandemic continues. HSBC analysis showed Sydney house prices could fall by as much as 15% next year, while Melbourne could see a 17% drop. HSBC ...

Bennelong adds to institutional distribution team

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
Bennelong Funds Management has appointed an institutional distribution executive as the company focuses on growing its domestic and offshore institutional capability. Eric Finnell is set to step into the role, having previously been at Fisher Investments ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
ASIC has cancelled the AFSL of a financial services provider and revoked its suspension of a separate AFSL. The regulator revoked the ASFL of NSW-based Tailormade Financial Strategies, effective 9 April 2020. ASIC said it cancelled the AFSL because ...

Global investment firm appoints new head of distribution

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
T. Rowe Price has announced a new head of distribution to succeed Murray Brewer who will retire at the end of 2020 after 14 years with the firm. Darren Hall has been appointed the new head of distribution for Australia and New Zealand, effective 28 ...