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Showing 111 - 120 of 7773 results for "retail"

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... are being offered to investors," he said. "So, there are now products in the Australian market geared more directly to retail investors, like open-ended alternative funds." He explained such products allow local investors the ability to move into alternatives ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...

Morningstar executive lands at ART

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... product and research at UBS Wealth Management, investment strategist at Deutsche Asset Management, and Skandia's head of retail investment services. In her new role, Fitzgerald will be accountable for ensuring investment portfolios and investment capability ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... both a relevant provider and a registered tax agent on 20 September 2023 can provide tax (financial) advice services to retail clients on relevant financial products. A qualified tax relevant provider is defined as a relevant provider who is a registered ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... Monday, reported a month-on-month FUM reduction of $800 million as of the end of October, comprising of $300 million net retail outflows and $500 million net outflows from institutional investors. On the same day, Magellan officially welcomed Kathy Kovacs ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... executive Peter King said. The Specialist Businesses Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance, contributed $605 million in profit. Since its formation in May 2020, the division divested 10 business ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... strategies. PM Capital was established by its current chair and chief investment officer Paul Moore; it serves Australian retail investors and financial advisory groups. It has more than $2.7 billion in funds under management (FUM) as at September 30. ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
Islamic Finance provider Hejaz has launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising ...

Investor associations to unite

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Retail investor advocates the Australian Shareholders' Association (ASA) and the Australian Investors' Association (AIA) are planning to consolidate next year. The boards of both groups have agreed to the amalgamation, with the AIA to close its organisation ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... Review's promises of drastically reduced scrutiny and red tape but have stopped short of saying that they will re-enter the retail client space. JBWere Australia began exiting the retail client demographic in 2018, largely due to the complex regulatory ...