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Showing 1291 - 1300 of 6863 results for "CRED"

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
CVC has divested a 20% stake in Eildon Capital that will be picked up by another boutique fund manager. ASX-listed CVC announced this morning that it entered into an agreement with Samuel Terry Asset Management to sell its stake so that it can free ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response ...

Iress unveils major restructure, new leadership

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
Following a strategic review aimed at boosting shareholder returns, Iress has overhauled its organisational structure and senior leadership team. The restructure seeks to enhance Iress' focus on financial advice, trading and market data, and superannuation ...

Mantis to distribute Isola Fullerton fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
Mantis Funds (Mantis) and Hong-Kong based Isola Capital (Isola) are bringing the Isola Fullerton Global Private Alpha Fund to Australia. The fund, which is sub-advised by Fullerton Fund Management (Fullerton), provides a diversified portfolio of global ...

Soul Patts gives $200m to Pengana offering

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
Pengana Capital Group (Pengana) and major shareholder Washington H. Soul Pattinson (WHSP) have joined forces to launch a new global credit offering to Australian investors. Already, WHSP has poured $200 million of seed funding into the portfolio, which ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
The number of superannuation complaints have slashed while those related to financial advisers have shot up, the latest statistics from the Australian Financial Complaints Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
The federal government consulting on the experience pathway has been recognised as a much-needed development for financial advisers who wish to continue working with clients beyond 2026. The Financial Advice Association Australia (FAAA) welcomed the ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
UniSuper has selected Revolution Asset Management to manage an Australian and New Zealand private debt portfolio. Revolution Asset Management's separately managed portfolio, established earlier this year, has been actively allocating capital to ...

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
Gold Coast director Darren Edden-Brown has been banned by ASIC for eight years for promoting and assisting in the illegal release of superannuation. The corporate regulator found that while sole director of home buying firm Enigma, Edden-Brown had wrongfully ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
Australia's ETF industry grew 2% in March for a total monthly market cap increase of $2.8 billion, according to Betashares' latest review. The report, by Betashares chief commercial officer llan Israelstam, revealed industry assets under management ...