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Showing 1331 - 1340 of 4897 results for "Alex"

Whitehelm boosts water investments

KARREN VERGARA  |  THURSDAY, 6 JUL 2017
Infrastructure investment manager Whitehelm Capital poured £45 million ($77 million) into debt issued by a UK water and sewerage company. Whitehelm finalised its investment in a junior loan issued by Kelda Finance, the first holding company of Yorkshire ...

HUB24 hiring to support record growth

ALEX BURKE  |  WEDNESDAY, 5 JUL 2017
HUB24 has entered a recruitment drive to support record inflows and 115 new financial advisers flocking to the platform over the past quarter. Following on from the appointment of former BT Financial Group head of SMSF Craig Lawrenson as HUB24's new ...

EU markets directive to reshape global alternatives

ALEX BURKE  |  WEDNESDAY, 5 JUL 2017
Half of alternative asset managers with offices outside the European Union will apply the EU's Markets in Financial Instruments Directive (MiFID II) policies globally - for those firms delegating portfolio management to a third country, this figure ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
... billion or 26% for trustee offices and administration. Commenting on the report, Rainmaker director of research and editorial Alex Dunnin noted that a $292 million reduction in MySuper administration fees would equate to only a 7% reduction in total ...

DomaCom launches affordable housing crowdfunding

ALEX BURKE  |  TUESDAY, 4 JUL 2017
DomaCom is partnering to launch a new crowdfunded investment vehicle, this time focusing on "resort-style" affordable housing for retirees. The partnership with Akuna Lifestyle Estates will see eight stages of development over three to four years to ...

Fortnum inks advice fintech deal

ALEX BURKE  |  TUESDAY, 4 JUL 2017
Fortnum Financial Advisers is partnering with a provider of real-time data, budgeting and reporting software to augment its client engagement strategy. Under the new partnership, Fortnum will distribute MoneySoft's cashflow and budgeting tool through ...

Fairfax nixes private equity buyout

ALEX BURKE  |  MONDAY, 3 JUL 2017
The two private equity firms vying for Fairfax Media have withdrawn their non-binding offers. Hellman & Friedman and the TPG Group-led investor consortium were granted access to "confidential due diligence" to determine whether a binding proposal for ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

Asset managers still charging more for less

ALEX BURKE  |  FRIDAY, 30 JUN 2017
Following its interim report on the asset management industry released in November 2016, the UK Financial Conduct Authority reiterated its stance that profits aren't reflecting average performance. The FCA received 153 written submissions and consulted ...

Family office takes asset manager stake to $55m

ALEX BURKE  |  FRIDAY, 30 JUN 2017
A prominent Australian family office entered into a placement with an ASX-listed asset manager, bringing its total investment to $55 million. The Lederer Group, founded by Primo Group chief executive Paul Lederer, made the placement agreement with Centuria ...